MAY 4.35% 6.6¢ melbana energy limited

Don't Sell Your Shares Cheap, page-6

  1. 2,486 Posts.
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    I'd like to think that $0.50 is a realistic SP within the next 2~3 months, assuming logging and pressure live up to expectations. That puts us at a market cap of about $1.4 Bil. As comparison, Beach is at $3.6 Bil and Karoon at $1.2 Bil.

    Once we go into consistent production we could get to $0.75.

    If Beehive is confirmed we could hit $1.00. Market cap of $2.7 Bil.
 
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