I definitely agree we’re heavily undervalued just based on 1B alone. The value will come with multiple horizontal wells. The issue is the time and cost to develop. If they can fund it with the flow from the current well without a cap raise at this abysmal share price we will be fine.
Ann: Melbana Energy in Cuba, page-135
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3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $67.83K | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 254456 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1556167 | 6 |
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| MAY (ASX) Chart |