MAY melbana energy limited

Interesting articles. Great pick up. Helps put the discovery...

  1. 3,285 Posts.
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    Interesting articles. Great pick up. Helps put the discovery into perspective. They talk about four wells being drilled...so they jumped the gun a bit. But all eyes are on Amistad-2. Including Melbana HO staff who will be there to oversee the business end.

    As for the media gripe about export. They clearly dont explain that you need the income to exploit the field. Key thing is to develop the field and scale up production. The terms of the PPSA will give the Cuban Govt its share and they can do with it as they please.

    I just read@VOGC slides again. Theres lots of very significant info in the company announcements and VOGCs summary. All we need is Amistad-2 to behave as expected and this will rocket. for example.
    https://hotcopper.com.au/data/attachments/7021/7021490-64e80da543ec7c9be8105bd54ef2c1ab.jpg
    ..."valuable catalysts to support ongoing, positive negotiations, to secure a financing facility for extensive field development"
 
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2.4¢
Change
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Mkt cap ! $80.88M
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Last trade - 15.22pm 13/06/2025 (20 minute delay) ?
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