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.
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- Ann: Block 9 Operations Update
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melbana energy limited
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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($) | Vol. | No. |
---|---|---|
2.2¢ | 1251365 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 5596607 | 0.021 |
12 | 2475998 | 0.020 |
4 | 489525 | 0.019 |
3 | 63000 | 0.018 |
1 | 3000000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 1251365 | 4 |
0.023 | 931187 | 2 |
0.024 | 2574724 | 10 |
0.025 | 1733416 | 9 |
0.026 | 205263 | 5 |
Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
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