MAY 6.06% 3.1¢ melbana energy limited

Yeh fair call Buncher, thing is spp/ri’s are expensive and time...

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  1. 9,887 Posts.
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    Yeh fair call Buncher, thing is spp/ri’s are expensive and time consuming, going cap in hand to retail is never a certainty, this way it’s locked and loaded nice and clean.

    Still think 20-30c is easily achievable short term (within 6months), especially given the resource report today, which now gets me thinking we could see $1+ within 12-18monyhs. IMO.

    BTW, this will easily do 100mill+ shares on day 1 of the open, so very little overhang/headwind.
    Last edited by jakspara: 14/03/22
 
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3.1¢
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Mkt cap ! $104.4M
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3.4¢ 3.4¢ 3.0¢ $165.0K 5.194M

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