MEC Resources Ltd - Company Profile
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MEC Resources Ltd (MEC) is a pooled development fund investing in energy and mineral exploration companies in Australia. Liquidity position, solvency position and integrated business model are the company's major strengths, whereas limited geographic presence remains a major area of concern. Substantial oil & gas reserves, increasing global energy investments , and growing global demand for LNG could provide the company with new growth opportunities. Exploration, development & production risks, regulatory environment and increasing minimum wages in Australia could affect its operations.
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