MAY 6.67% 3.2¢ melbana energy limited

News Alert, page-79

  1. 7,923 Posts.
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    AP's objective is to build a business, not to keep the likes of you and me entertained. Put yourself in his shoes for a sec: he is trying to ensure that the current drill is successful (does not mean quick), that the longer-term plans are made, approved and actioned, and that partnerships are formed and managed. For us to think that he is thinking "hey, better keep them punters informed!" shows a complete misunderstanding about his objective.

    Put another way: your focus should be 3 years,
    not 3 months, weeks or days. Your focus should be on outcomes, not the balloons and streamers that come with groundbreaking announcements. And your objective should be to make money, not be entertained, constantly informed, and repeatedly reminded of the fundamentals.

    Of which, the fundamentals are out there. They have been published. Yet there are many ambulance chasers, first rate plonkers, and self-gratifying party wreckers who are here simply for their own gratification, getting their jollies by posting utter twaddle and ridiculous conspiracy theories. If you follow them, your objective of making money is a lost cause.

    The facts have all been published, and whilst HotCopperites certainly help interpret them, they cannot change them. To rely on anything else but facts is a dangerous path to follow: to rely on charts for a penny stock, or to rely on free advice is foolish.

    The company will publish information when they have it. Simple as that. They are not pulling our collective chains by holding back, nor are they chancing their arm at seeing how far they can push the law. None of that. Just facts: as and when they are available. If you believe that Melbana can commercialise Block 9, buy. If you don't, sell. Simple as that.

    Buy. Hold. Patience. Ignore the noise.

    Kit
 
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