MAY 0.00% 3.2¢ melbana energy limited

To be honest they'll likely get the completions done for A1...

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  1. 2,164 Posts.
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    To be honest they'll likely get the completions done for A1 & A2 and producing 5000k barrels or so a day before December. Let's call it 1500 net to MAY per day $50 AUD conservative profit per barrel. Every two months they'll make $5m more than enough to drill a new well bi monthly on Alameda and Amistad zones.

    I believe with the high inflationary environment only production will move the dial. You can earn 5.5% interest in the bank so penny stocks will stay low until the last minute it's definitely
    moving to money talks bs walks. Oil stocks as well and Cuba so we need to get humming which I think AP is across I do hope they don't abandon A1 and do use it to get more oil to market quicker.
 
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