MAY melbana energy limited

Ann: Block 9 Operations Update, page-356

  1. 3,627 Posts.
    lightbulb Created with Sketch. 1135
    Exactly so. I copped a lot of flack including personal insults for stating the self evident, one of the most vitiolic, namely Kangaroo made a public apology here on HC once he came to the conclusion you have also reached. Very good of him.
    If Mx actually believed there was indeed an elephant under the ground they never would have done the illogical and moved to Zapato only to move the rig back ITFOT. In other words one elephant is enough, an obligation to drill schedule is changed easily by mutual consent and Zapato was the worst outcome possible = inconclusive.
    Looking forward MAY has just what many others have in Cuba, a shallow, smallish, poor quality oil deposit; enough to make a living possibly but there is no pot of gold.Given the over remuneration, poor logistics and evident deceptions I dont see a future for MAY. I pulled out long ago before I got into financial difficulties and whilst I lost lost my 700k investment here I am thankfull I didnt sit it through, as you are. However I wish all holders good luck.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $70.77M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $37.11K 1.747M

Buyers (Bids)

No. Vol. Price($)
14 5596607 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 1251365 4
View Market Depth
Last trade - 16.10pm 26/06/2025 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.