MAY 4.35% 2.2¢ melbana energy limited

Hi all, my 2c: the results are significant in the overall...

  1. 2 Posts.
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    Hi all, my 2c: the results are significant in the overall scheme. With positive results from the HP Marti structure, I'd expect the heavier crude to be blended with the higher API product to be considered. It's a warm climate there but even still, a blend will assist pipeline flow, and increase volume for little drop in price per barrel. That makes a material difference.
    Yes, there are risks ahead. A HP reservoir is usually HT and needs to be handled with care. At least they're going in with eyes open and prepared for it.
    And as a long term holder, the recent volatility is amusing. The babble on this site is very central to short games, keep the long game in check - there's more to this company than Cuba. Results here pave the way for other ventures.
    We're sitting pretty.
 
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