Just for the Amistad, Alameda, and Marti prospects. (not the whole of Block 9).
If you wanted a whole of block 9 analysis, you can read this:
source: 14-Nov-2018 Independent Investment Research – Melbana Energy - Nov 2018 https://www.melbana.com/site/cpfile/39e4c052-c2da-45d1-9d01-74f732835079/IndependentResearchAustPtyLtdMAYFinal181113.pdf
Therefore... if they successfully proved the P50 for all Block 9 prospects, their company could be worth (30% of 15,763), x ~$39.5AUD = $186.8billion which is just too extreme to fathom, and also unlikely (since not every block 9 prospect mentioned in the above table will be able to yield resources) But in an ideal world where everything was successful, this means Melbana with $186b would become bigger than:
https://www.listcorp.com/asx/sectors/energy/energy/oil-gas-consumable-fuels
Needless to say, it could even be more than that considering when they did find hydrocarbons in Amistad/Alameda/Marti it was more than the pre-drill estimates.
- Forums
- ASX - By Stock
- MAY
- The Melbana Energy Limited $0.86/share Party
The Melbana Energy Limited $0.86/share Party, page-5
-
- There are more pages in this discussion • 348 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $138.1M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.1¢ | $184.4K | 4.395M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 946604 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 946604 | 0.041 |
8 | 1319701 | 0.040 |
15 | 1156293 | 0.039 |
8 | 4351581 | 0.038 |
8 | 1823000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 250000 | 1 |
0.043 | 1487978 | 2 |
0.044 | 222000 | 2 |
0.045 | 695955 | 3 |
0.046 | 15000 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online