MAY
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6.67% 3.2¢ melbana energy limited

AP We Need a 2nd Drill Rig for Block 9 ASAP, page-117

  1. Buncher60
    890 Posts.
    lightbulb Created with Sketch. 134
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    12/05/22
    13:24
    Post #: 61366800
    You and the trolls that follow you clearly need a lesson in logic.

    I'll explain it so that your simpleton minds can understand it...

    ... the current share price includes the sentiment that there is no production and when production is started the share price will include the oil price at that time.

    Currently, the share price includes the expectation that production will start some time in the future and what the oil price may be at that time.

    MAY Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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