MAY 4.17% 2.3¢ melbana energy limited

Ann: Block 9 - Maiden Contingent Resources, page-37

  1. 6,488 Posts.
    lightbulb Created with Sketch. 2456
    Lol... let the bull market commence. It was only a matter of time. S&P500 and NASDAQ are at all time highs... it was perfect timing.

    Something tells me VOGC and Flambeau (me) will have a lot to say about this resource upgrade... New threads inbound eta (SOON).

    This is one of the reasons why I am so confident about the lower sheet, they flowed oil from this depth before with inferior (older) rigs, and older technology and an exploratory design, now we have a better design, newer rigs, and newer technology:
    https://hotcopper.com.au/data/attachments/6055/6055376-461e0f47271bb0ed7a45833eb3852672.jpg
    source: 1 Feb 2022, ASX:MAY, Drilling update at Alameda-1 - Strong oil shows.
    Sherritt produced for 20+years, I suggest you read their quarterlies and how much it cost them to produce and how much they sold the oil for.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $46.13K 2.020M

Buyers (Bids)

No. Vol. Price($)
1 183000 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 2732524 17
View Market Depth
Last trade - 11.47am 29/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.