MAY 3.13% 3.3¢ melbana energy limited

General discussion, page-558

  1. 10,189 Posts.
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    Simon funny how IVZ is back to a 160 million market cap no discovery with their drilling 6-12 months away plus needs another 40 million dollar cap raise and up today. But tells you how cheap MAY is at a 320 million market cap, 40 million in the bank and 4 weeks away from largest appraisal of oil in more than a decade with discovery already called and a delayed appraisal. The selling is just dumb fair price right now is 15-20 cents especially when you have a 90 percent geological success rate
    Last edited by Roch2077: 12/01/23
 
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