MAY 0.00% 2.2¢ melbana energy limited

Ann: Cuba, Block 9 - Mobilisation Commenced, page-230

  1. 3,613 Posts.
    lightbulb Created with Sketch. 1928
    justinmetals,

    Let's wait and see, experience tells me that results can be confusing/ambiguous at times. I am hopeful and confident about the potential results, I know that exploration is about eventually proving failure so that one knows the limitations of the discovery.

    The data so far proves that we have a large discovery, how big will take some time to prove. AP will be eager to get this moving and oil flowing so that funding the future development/appraisal is possible. We could end up with some new venture partners of financing either private or state based. Cuba is on the Belt & Road initiative, we could probably get state based lending for the project development. What we have will be essential to their energy security and probably provide some export revenues.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.2¢ 2.4¢ 2.2¢ $21.22K 931.2K

Buyers (Bids)

No. Vol. Price($)
16 3584481 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 1992649 11
View Market Depth
Last trade - 15.44pm 30/08/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.