MAY 1.69% 5.8¢ melbana energy limited

A 3 fold increase in oil reserves in one zone deserves more than...

  1. 4,861 Posts.
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    A 3 fold increase in oil reserves in one zone deserves more than 3 pip rise. But hey its green again so i cant complain.

    Two institutions value us minimum of 25c before our drill. I think they right.

    AP wants to get to 1 billion marketcap and hes right.

    Havanna awaits us. Just wait til Alameda is pricked.

    i dont believe management but i believe in the massive oil columns below at 15% porosity. Based on history when the share price moves it will gush! Be aware that the acumulators will snap up your shares if your head cannot handle it. Why sell at the cusp of a signicant oil flow.
    I really hope those 12c performance shares expire worthless for management . But they will want to pump it up. Their performance shares are on the line. Be warned if you plan to sell.

    Disclaimer: I base my optimism on the fact that the oil is real and hasnt drained away and that the oil in the shaker photos are realthat AP is real and that MAY is real.

    Last edited by Brightoil: 29/03/24
 
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
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