MAY melbana energy limited

8.33%

2.6¢

Ann: Block 9 Alameda 2 Appraisal Update, page-781

First 781 Last

Share
Profile

Follow
kornik13

105 Posts.

72

17/08/23

18:52

Post #: 69403563
Share

Originally posted by Kit67: ↑

Stranger things have happened!

I think that now a lot of the "numpties" (someone else's expression her) have been cut out, only longer-term, more sensible money remains. So on any new good news, there is ample capacity for new buyers to come screaming back in. I notice that all the TA guys have gone deadly silent and haven't mentioned the RSIs lately (as an example). Guarantee that they are massively over-sold, and we are "outside the lower Bollies" (etc.). Like a rubber band, this thing will snap back the other way soon enough.

I have conviction that the fundamentals are good, and in fact have improved over recent weeks (we now have confirmation of oil in U1A and U3, and will probably get U2 and 1B confirmations soon: read back over the "shows" during A1 and you will see what I mean). The resource numbers will also be upgraded shortly, and we will then see EvoCap publish new numbers (that 23 cents number will go to around 48, even before we add in anything from A3/Marti). Then, spud A3 and we are off to the races.

Silly b*ggers who sold. Take advantage of the firesale.

Kit.

Expand

Hi Kit67

"I have conviction that the fundamentals are good, and in fact have improved over recent weeks (we now have confirmation of oil in U1A and U3, and will probably get U2 and 1B confirmations soon"

I don't think there's any doubt about 1B.

4Aug23 announcement:

MAY Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
22 Upvote

0 Great analysis

Reply

Top Stories

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

ASE

Astute delivers high-grade lithium hits at Red Mountain

First 781 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 2.6¢		Change 0.002(8.33%)		Mkt cap ! $87.62M

Open	High	Low	Value	Volume
2.4¢	2.6¢	2.3¢	$70.57K	2.958M

Buyers (Bids)

No.	Vol.	Price($)
2	183567	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	170778	7

View Market Depth

No.	Vol.	Price($)
2	183567	0.025
1	416666	0.024
2	581982	0.023
5	1082970	0.022
4	613000	0.021

Price($)	Vol.	No.
0.026	170778	7
0.027	181540	2
0.028	100000	1
0.029	166666	1
0.030	1472425	6

Last trade - 16.10pm 25/07/2025 (20 minute delay)

MAY (ASX) Chart

Ann: Block 9 Alameda 2 Appraisal Update, page-781

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Astute delivers high-grade lithium hits at Red Mountain

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Block 9 Alameda 2 Appraisal Update, page-781

Top Stories

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Astute delivers high-grade lithium hits at Red Mountain

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News