MAY 3.57% 2.7¢ melbana energy limited

Ann: Drilling of Zapato-1 exploration well commenced, page-160

  1. 5,060 Posts.
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    Feral i concur AP has not sold this project well and explains the languishing share price. If broker had valued cap raising at 12c than its gotta worth more than that. AP last announcements been poorly written causing damage to the share price. He also scored an own goal by saying he can flow test and failing, also missing schedule dates.

    Now the main game is Zapato and hope martii almeda results come up good else 10 more years of hardshite.

    i like your realism. Unfortunately due to bad announce share has suffered and much value not properly reflected in share price. I hope they AP and co. get no bonus shares again until they sort out this shite . Come on we are valued much higher than now. Go Mayonaise. Below 10c it's a steal.
    Last edited by Brightoil: 26/05/22
 
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