MAY 7.69% 3.6¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-787

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  1. 4,714 Posts.
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    I wouldn't try and compare or worry about Varadero nobody is going to build a pipeline and drill horizontal wells in block nine to move this heavy crude. The logistics vs the value is in a future I can't actually see as Russian/Venzuelan oil they can source for a discount is probably cheaper to import than build a pipeline and refine such heavy crude.

    The Goal is now A3 think around these levels that it maybe a good punt from here even as a lead up to the drill or whilst drilling for a free carry
 
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Last
3.6¢
Change
-0.003(7.69%)
Mkt cap ! $121.3M
Open High Low Value Volume
3.9¢ 3.9¢ 3.6¢ $243.6K 6.529M

Buyers (Bids)

No. Vol. Price($)
4 40729 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 169792 1
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