MAY 0.00% 2.5¢ melbana energy limited

Ann: Organisational Changes, page-108

  1. 10,189 Posts.
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    when something was 20 cents on discovery and collapsed due to a structural failure of the well and the same well is being drilled next door for appraisal of a significant 6 billion barrels it doesn’t spike up 100 percent in a day on drill start it rerate weeks before and keeps running towards this moment.

    This has got a long way to run but I understand where you are coming from. But market always prices in future events. As this runs people will complain more to me that it’s artificial lol but still the company is worth a pathetic 160 million with that upside and CAPEX severly undervalued will rerate to fair value
    Last edited by Roch2077: 08/12/22
 
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