MAY 4.35% 2.4¢ melbana energy limited

Ann: Successful $15m Placement to drive Block 9 Forward, page-113

  1. 890 Posts.
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    Get real and read the posts in context.

    The CR should not have been done at this time and the 12cents is what the Company valued the oil in the ground at.

    Why should the market now believe it's worth more than 12 cents?
 
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