MAY 4.35% 2.2¢ melbana energy limited

Ann: Appraisal Program for Block 9, Cuba, page-299

  1. 3,120 Posts.
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    Disclaimer, I'm in both

    "Having the balls" to go it alone is not a great buisness model
    Scott left it to late for a fair deal to be done, you shouldn't organise a rig and have it sitting ready to be drilled whilst still talking Turkey, they know your conmited and need the coin
    Imagine if we had over runs like Marti and had to raise more money, the company folds or you raise at very low number's -huge risk

    I nearly pulled out, it's looking as though it might pay off now- luckily, but in reality it's not great practice
    Last edited by Kangaroos67: 20/11/22
 
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