MAY 4.55% 2.3¢ melbana energy limited

Ann: Change of Director's Interest Notice, page-61

  1. 10,189 Posts.
    lightbulb Created with Sketch. 1986
    40 million that doesn’t include operating costs

    So your left with after operating costs 12 million dollars

    You own 30 percent of that so 4 million for MAY

    Then take into royalty and taxes your left with 2 million dollars

    All you make is 1-2 million dollars per well and that’s being generous and it’s more likely a loss for every well at that production

    Unit B is Uneconomical
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $27.32K 1.239M

Buyers (Bids)

No. Vol. Price($)
12 3368511 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 928495 5
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.