MAY
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3.70% 2.6¢ melbana energy limited

Ann: Alameda-3 Drilling Update, page-154

  1. Kit67
    7,835 Posts.
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    21/04/24
    11:19
    Post #: 73442987
    You are correct. But once MAY's Block 9 becomes commercial, the valuation of the wider field changes markedly. Their projection of 20k bopd (6k to Melbana) is quite achievable.
    MAY Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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