MAY 2.86% 3.4¢ melbana energy limited

Ann: Drilling of Zapato-1 exploration well commenced, page-136

  1. 5,027 Posts.
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    Reasons to sell MAY IMO
    - world market gloom and doom
    - oil price at US$114 not high enough
    - Soya sauce in shakers
    - Water found in the kitchen
    - only kitchen found is looking someone to wash dishes to pay off mayo oppies
    - hate the taste of MAYonaise
    - Too much pressure in wells might cause a gusher
    - fearful nearly had a blowup
    - Cap raising has capped knees
    - 20million MAYO oppy holders in nappies
    - 2 5billuons OIP in structure 1 not enough to entice holders
    - pending ? billion barrel oip on structure 2 not enough to entice
    - pending ? Billion barrel oip on struture 3 ditto
    - 32million in cash
    - share price tabks as of ot hit a duster
    - directors selling in fear of a duster
    - people allege Zapato is a duster before drill starts
    - fear many will end up with the sameoldstory after another 10 years.

    Reasons to buy MAY:
    - Feral said so
    - AP said so - used world globally significant
    - VOGC (100 light bulbs) is still with us i think
    - love the taste of MAYO
    - Zapato may have a decent oil kitchen with great food
    - Zapato was well favorite drill site before they decided to drill Alameda first.
    - still cant believe the share price gives the discovery the feel of a duster
    - Hoping millions of FOMO pumps this up on the day trading site
    - hoping to produce with 6 wells 6 months to a year
    and finallly...HOPE

    Last edited by Brightoil: 25/05/22
 
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