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
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