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5.56%

3.8¢ melbana energy limited

Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-611

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justinmetals

7,937 Posts.

1544

31/08/23

16:28

Post #: 69668824
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Originally posted by jakspara ↑

Whether they physically did or not is beside the point. The threat and siding with the Soviet Union, and by all reports still being in bed with Russia to this day, is why they’re still in the current situation. Point is, MAY has made a fantastic discovery and will be rewarded handsomely, as will investors. This will not change much with Cuba’s political situation, nor will it make them financially independent as was the original claim. By all means knock yourself out if that’s what you want to believe though.

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60B barrels at 10% (per the PSC) has a 20 year NPV of at least 200B. That’s an NPV of $20,000 per 10,000,000 citizens of Cuba. That sounds a pretty good step towards independence to me.

MAY Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.8¢		Change 0.002(5.56%)		Mkt cap ! $128.0M

Open	High	Low	Value	Volume
3.6¢	3.8¢	3.5¢	$229.8K	6.529M

Buyers (Bids)

No.	Vol.	Price($)
3	289110	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	380674	3

View Market Depth

No.	Vol.	Price($)
3	289110	0.035
11	873487	0.034
6	1467200	0.033
3	706250	0.032
7	899800	0.031

Price($)	Vol.	No.
0.038	380674	3
0.039	691438	5
0.040	954244	6
0.041	417175	3
0.042	500000	1

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