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View Full Version : Time to look at Metagasco again?


Sparty
09-29-2009, 01:05 PM
It might be near time to have another look at MEL
Posted 28/09/09

Presentation (http://www.metgasco.com.au/files/761444.pdf)

Their three year weekly chart
http://australian-gas.com/images/mel-3yearweekly.jpg


http://australian-gas.com/images/mel-2p-3p.jpg
Note the size of their 2P and 3p reseves as compared with the others ... could be a dominat player in the NSW market?

http://australian-gas.com/images/mel1.jpg

Their position re access to markets


They have around $15m cash Mkt Cap around $87m