He’s trying to raise capital via an intermediary...presumedly there’s no way May could raise that sort of money under their own steam. MEL holders should realise they will probably be left with ultimately a dud stock that can only be saved by very very good luck. Holders should sit tight ...till at least the VEN well is drilled and few more BYE drills have gone thru. BYEs only likely to appreciate and MEL management should curtail expenditure to the absolute minimum over the next 6 months and retain as many BYE as possible.....imo...and let the current planned activity play out...
MEL Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
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