MAY 5.56% 3.8¢ melbana energy limited

Ann: Block 9, Alameda-3 flow testing commences, page-189

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  1. 10,189 Posts.
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    me sell when fundamentals change. Right now this 1000-2000 barrel oil flow is massive changes the company forever. Their 30 percent ownership of this well means they will be a 15 million dollar revenue with a 4 million dollar profit margin that’s massive. Put down 20 more wells and you have 80 million dollars a year money maker, it’s crazy how big this will be
 
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