250k bbl every 60 days is 4000bopd too. addition deep zone perfs in A2 work over too, to exploit the 80% pay not yet perforated. perhaps 3x the 1235 is the A2 u1B target post proper completion. I’ll believe it when I see it but I wouldn’t be surprised on this positive outcome and it would certainly light the rocket to 30c. If 4000bpd is a dream turned to reality then 28000bpd (6100bpd (22%) net to MAY) might be reality as early as the end of 2025. Thats $150M revenue to MAY for approx $1B MCAP / 30c. If A3 work over works, double that to $2B or 60c.
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $31.77K | 1.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127527 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 607839 | 4 |
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| Last trade - 13.06pm 18/06/2025 (20 minute delay) ? |
| MAY (ASX) Chart |