MAY

4.35%

2.2¢ melbana energy limited

Ann: Block 9, Alameda-3 Appraisal Update, page-739

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Mount41ngo4t

18 Posts.

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24/06/24

19:51

Post #: 74467065
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Originally posted by Taman Shud: ↑

While i have been sitting back waiting for the dust to settle after the 17 Jun update on Marti, i have been reading many posts with some bemusement and astonishment. From rampers to doomers to crystal ball readers, they have all come out of the woodwork in the last week. The facts are black and white as are the numbers. Since the announcement and over last four trading days only approximately only 3% of total holdings on register have been traded. Many on these forums talk about the market dynamics, well if that's the case 97% of holdings are not for sale! This tells me that the recent panic selling on no flow are from the traders, gamblers and weak hands (some may have unfortunately set stop losses). The majority of holders are waiting for the dust to settle before making the next move. The announcement is clear in its statement and there is nothing conspiratorial in its nature, no crystal ball gazing required. Upper column will be tested and a work through of Marti in progress. Yes the oil did not flow from 3800, but pressure and natural fracture are there as they are in the upper sheets. Time for everyone to take a breath, see the announcement with clarity and wait for commercialisation of multiple wells. As a long term investor in MAY i think we are closer than ever, and yes it has been a long grind, but that is what the O&G space is all about. If your after a quick buck maybe Gamestop is more your style.....................ONWARDS AND UPWARDS COMRADES!

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Agree! Really should be loading up some more!

Last edited by Mount41ngo4t: 24/06/24

MAY Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change -0.001(4.35%)		Mkt cap ! $74.14M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.2¢	$19.51K	850.6K

Buyers (Bids)

No.	Vol.	Price($)
23	4933757	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	3529611	15

View Market Depth

No.	Vol.	Price($)
23	4933757	0.022
21	2584011	0.021
25	6237628	0.020
6	866060	0.019
3	600000	0.018

Price($)	Vol.	No.
0.024	3529611	15
0.025	1038100	3
0.026	915955	5
0.027	500000	3
0.028	1502991	8

Last trade - 16.10pm 02/08/2024 (20 minute delay)

MAY (ASX) Chart

Ann: Block 9, Alameda-3 Appraisal Update, page-739

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

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Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Is oil undervalued?

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Cost blow-out for Rook I uranium project sees share plummet for NexGen

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Sellers (Offers)

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Ann: Block 9, Alameda-3 Appraisal Update, page-739

Top Stories

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Is oil undervalued?

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News