MAY 3.33% 3.1¢ melbana energy limited

10.5 Wall, page-489

  1. 10,189 Posts.
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    So in 2 weeks appraisal process begins to mobilise the rig which takes 1 week but you have time lol news can drop anytime from today. The stock is severely undervalued and 20 cents is fair value right now before appraisal. It will continue to rerate when you have north of $1 as management have suggested the count of oil already discovered to be upto 5-10 times larger and VGOC has suggested the same
    Last edited by Roch2077: 15/02/23
 
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