MAY 4.17% 2.3¢ melbana energy limited

ASX:MAY 2024 Discussion Thread, page-11

  1. 10,189 Posts.
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    6 months with minimal red tape in Zimbabwe. IV$ will be making making money in next 6 months with a commitment of 3 billion dollars worth of gas. That’s 2 percent of the resource

    https://hotcopper.com.au/data/attachments/5857/5857013-724e16ac23ba6496c46ad3b1946f6814.jpg
    MAY needs huge investment into its offtake agreements. 4-5 million dollar EBITA annually your worse than Brookside which make way more cash flow.
 
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