Why you upset for. The production doesn’t take years where they are. But that’s not the fact. Yes it’s a bonus and the number of trucks will grow over each month so yes the number of barrels will increase but it’s the appraisal of the 267million barrels that’s about to happen that makes this a billion dollar company.
Companies like WGO makes no money 400 million dollar market cap, STX makes no money 800 million market cap, IVZ makes no money 300 million market cap. Why because it’s all about resource potential. WGO and STX are significantly smaller than in their resource MAY a 170 million market cap with production accelerating over coming months not years. So that’s why MAY will become a billion dollar plus company on this appraisal like it or not
Ann: Organisational Changes, page-190
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2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2048367 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1402823 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |