MAY 0.00% 2.0¢ melbana energy limited

May Chart, page-4949

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    TEG produce but resource is tiny. Had appraised 5 million barrels of oil in 2021. The rest is still trying to find new discoveries. MAY 6.5 billion barrels and of that 1.8 billion barrels of oil are waiting to be appraised at alameda alone.

    MAY a beast and TEG well wouldn’t touch or go near it it unless they have a major discovery which is highly unlikely.

    That is why MAY is worth 1.5 billion dollars off the 126 million barrels conservatively coming up soon. Discovery already done
    Last edited by Roch2077: 21/12/22
 
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