MAY 4.35% 2.2¢ melbana energy limited

FA and TA only, page-11

  1. 10,189 Posts.
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    Hahahaha his been calling retrace for the past week trying to re enter. Explain to me why 4 weeks away from the largest appraisal in more than a decade which was supposed to be done 12 months ago but now it’s back on. The appraisal puts the company north of 50 cents but you know what I’ll sell for traders to get a refill because they sold out on their technicals without considering fundamentals.

    MAY is now fundamentally driven and fair value right now is 15-20 cents. 90 percent geological success rate for commercialisation which starts end of March beginning of April plus discovery has already been called. MAY will keep running like it or not
    Last edited by Roch2077: 12/01/23
 
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