MAY 4.35% 2.2¢ melbana energy limited

Cuba Block 9 Operations Update, 12 March, page-162

  1. 398 Posts.
    lightbulb Created with Sketch. 70
    You put together a nice counter offer but I think it’s all relative to your timeline.

    It could easily be a decade before the proper infrastructure is in place to be able to export from the lower sheets ( if they flow, still to be proven, I do think they will)
    Until then 5000 bpd ain’t seeing the value of this company at $1b which is what AP continues to use as his target.

    If he wants $1b to move on then he can now easily achieve that in 2024, $70m+ isn’t a bad figure for him and all his team pick up $5m+

    Id love more but I could certainly do with getting a couple of mil myself now and use that to make gains elsewhere.


 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.4¢ 2.4¢ 2.1¢ $444.7K 19.98M

Buyers (Bids)

No. Vol. Price($)
3 2048367 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1402823 5
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.