MAY 0.00% 2.9¢ melbana energy limited

MOVE your SUPER-TANKER out of my DEEP-WATER PORT, page-758

  1. 7,908 Posts.
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    And realistically - most people (including the larger holders) would now be happy to part with their lot at around 10.5/12.0 cents. That would put your market cap circa $353-$404 million, which is still well short of the McDaniels numbers. All it takes is someone with a large amount of confidence to step up and have a crack. Not off the cards.

    And besides - AP himself has a market cap target of A$1 billion. I don't think he is too far off, just has the timing a bit wrong (add another year, and it will be about right). Just because A3 clogged-up doesn't ruin the field. One sh*t sandwich doesn't ruin a good picnic.

    Kit.
    Last edited by Kit67: 19/08/24
 
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