MAY 5.26% 3.6¢ melbana energy limited

Ann: Alameda 1 Independent Resources Assessment (Alameda Res), page-285

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  1. 2,289 Posts.
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    Zapato is a side show for MAY, the main focus for MAY is oil production from Alameda-1 which will start straight after Zapato with the drilling of the first of many production wells from Amistad, in one years time MAY will have multiple production wells from Amistad and likely production also from Alameda/Marti, generating revenue in the hundreds of millions of dollars for MAY, a share price of 50c-$1 is very likely with these high oil prices. A Zapato oil discovery is a bonus but not essential for a prosperous future for MAY.
 
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