MAY
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3.85% 2.7¢ melbana energy limited

options only thread mayo, page-109

  1. jakspara
    9,816 Posts.
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    04/02/22
    10:20
    Post #: 59350705
    At a sp of 5c, fully diluted, that’s only an EV of $120m (mc $160m). This is still incredibly cheap given the potential, if Alameda-1 reaches the bare minimum of expectations it’s worth 10c per share minimum…..but the value of the acreage goes parabolic. IMO.
    MAY Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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