MEL
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0.00% 0.5¢ metgasco ltd

I am with you Nazzy, to many potential positive announcements to...

  1. mr3t
    262 Posts.
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    17/09/10
    16:58
    Post #: 7212422
    I am with you Nazzy, to many potential positive announcements to come to sell now

    Positives
    - Presentations saying gas, gas, gas
    - Drill program underway
    - LNG taking 5% stake
    - Power Station approvals in place
    - Pipeline linking to QLD markets progressing
    - Potential farm out announcement imminent
    - Strong community support + great location to attract key staff
    - Gas supply problems for the majors
    - Water contamination issues for QLD competitors

    Negatives
    - Unknown future CAPEX requirements
    MEL Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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