MAY 3.13% 3.3¢ melbana energy limited

Alameda Prospect Brief Review - value, risk, RF, follow-up etc, page-14

  1. 339 Posts.
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    "In Great Britain, gas lines reminiscent of the 70s have captured the public's attention.Now, with extreme weather events like Hurricane Ida crimping energy supplies and cold weather looming for the Northeastern U.S., Brent crude is making a run at $80 per barrel — which, combined with spiking yields, has unsettled the market. It’s also prompted a couple of Wall Street banks to make fairly aggressive oil price forecasts heading into year’s end. This week, Goldman Sachs shifted from “a cyclically bullish to a structurally bullish oil view” that caused analysts to hike its year-end forecast to $90 per barrel."

    Looks good for us if the cost of getting it out is only $10!
 
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