MAY 0.00% 2.2¢ melbana energy limited

Ann: Alameda 1 Independent Resources Assessment (Alameda Res), page-168

  1. 5,054 Posts.
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    I think investors have misread this latest stunning globally significant result on Alameda resource of an additional 2.3 barrells in place of oil plus previous announced 2.4 bblls in structure 1 Armistad

    Why i think MAY and MAYO is undervalued and a stunning buy:

    Right Trend :Oil is in massive demand
    Right Location :Block 9 in Cuba has found massive oil in three structures Armistad, Alameda and Marti - 4.8 billion found . Await Marti resource.
    Right Management : AP and Geos are great albeit not good in writing clear announcements
    Right Time : Its time for high oil price
    and most importantly
    Wrong share price : May and Mayo opppies are so cheap I could cry.

    Excludes Zapato , Beehive .



    Last edited by Brightoil: 08/07/22
 
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