MAY 9.09% 2.4¢ melbana energy limited

Ann: Webinar for Block 9 Update, page-190

  1. 7,716 Posts.
    lightbulb Created with Sketch. 962
    TBH - I don't think "market confidence" is on AP's radar at the moment. He has openly stated that he doesn't need more capital, and I think is quite combative when it comes to shareholder communication (communicates because he HAS to, not because he WANTS to, etc.). Trying to get inside his head: I think he is focussed on the A2 shipment target (the trial shipment by the end of 2024, which will probably end up being Q1/2025) and the A3 remediation (the who/what/where/how questions). Throw in pad development and a few other corporate things (like their local stuff) and I honestly don't think he gives two hoots about much else. I agree with your sentiment though - it makes sense to explore those options, and the great thing about Cuba is that it is not tied to that sinking economic ship, the SS-USA. it is free to deal with whoever it wants, without the need to suck up to Uncle Sam (whereas Australia, on the other hand...).

    We stilll have over two years to get to that billion. I wouldn't bet against it.

    As for the immediate future - I can see August and most of September being rather "boring" for MAY. Hopefully I am wrong.

    Kit
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.002(9.09%)
Mkt cap ! $80.88M
Open High Low Value Volume
2.2¢ 2.4¢ 2.2¢ $123.7K 5.384M

Buyers (Bids)

No. Vol. Price($)
4 2419592 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 3008000 13
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.