MAY 0.00% 3.5¢ melbana energy limited

Ann: Preparations underway for start of Zapato-1 exploration well, page-346

  1. 9,665 Posts.
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    Add to that, Zapato is permitted as part of the work program. Continue on as planned while applying for and designing appraisal/production wells @ Alameda. While the market will always overshoot, especially when there’s been a bit of hype amongst ST punters, it’s comforting to know that we’re worth significantly more than todays SP purely on the independent resource figure for Amistad alone. There is a large contingent of investors and traders that have turned up here that really don’t understand what they’ve bought, they’ve just followed the crowd, both into and out of the trade, they’re clueless to understand any kind of valuation. Today is like buying $2 coins for 50c…..it doesn’t get much better than that. The overall tendency of markets nowadays is everyone wants an instant sugar hit, there’s fewer and fewer of us old school investors than there used to be. The new generation need instant gratification and validation or they lose interest. When I tell my teenage sons that I didn’t even have a mobile phone in high school, there was no such thing, they look at me like omg what planet are you from you old weirdo….I’m mid 40’s haha, I don’t think I’m old but I certainly have a different outlook on timeframes for achievements.
    Last edited by jakspara: 29/04/22
 
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