MAY 5.26% 3.6¢ melbana energy limited

Andrew Purcell interview.

  1. 623 Posts.
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    For a guy whose got the most skin here , he sounded and looked very quietly confident to me.
    Especially liked the bit about “ very near future”.(sic) when referenced with shareholders being exposed to massive upside in Cuba .
    Also very much liked “Cuba in the bag”....(sic) .
    Hopefully a massive H2 in store for shareholders.....

    Just my opinion as well and not substantiated, however I reckon we are trying to flog our 30% of NZ to either TAG or another party... they have already defined it as non core and we are now focused on far bigger things..... Goodoil mentioned some months back that the puka reservoir was good for up to potential 1- 1.5 mm barrrls recoverable resource , if so at circa 7- 10NPV ( due to all infrastructure in place and fact that NZ govt is stopping new licences for HC exploration ) this could be @ $2.5-4.5mm for our 30% ......would be a nice bonus as market has not priced in one jot for the Puka play...ASX says. it does not even exist ..
 
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