Wow, what a breakout on MEL today hey.
Another chart added showing daily and intraday and as posted above, sorry for the wrong HZN chart that was in the link previously.
Printable View
Up 24% today, not bad for a days work.
Cant see any reason why it wont keep going up either.
I think there is still accumulation going on....but not pushing the price to hard...
Attachment 3646
FD,
Probably one of the best CSG stocks you can get your hands on. See you Saturday I hope.
MEL continues to climb even on the down days, broken out of recent trading range to the upside on a day like today....
Attachment 3689
MEL is still on my watch list and I noticed selling pressure had reduced so jumped back in on gas sales agreement ann.
I also saw this today. Good news has been a bit thin with MEL of late.
I wonder if the farmers see the irony in taking the cheap CSG from MEL.
The locals (famers) are very anti CSG.
I have been accumulating since July. They still seem hugely undervalued IMO.
MEL in a trading halt pending an anouncement today or tomorrow.
Hopefully good news following the NSW O'Farrell Government yesterday renewing 21 CSG exploration licences.
Could be one to watch...