MAY 3.13% 3.3¢ melbana energy limited

I think its a good deal - Do the maths 12.5% of 716Million...

  1. 388 Posts.
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    I think its a good deal - Do the maths 12.5% of 716Million Barrels at USD100 makes us a dollar(s) a share company and no further costs to us, pluss 3 not 2 wells We get about 3Million AUD back for the gtee which should see us thru to the first two drills and still got Beehive and Tassie Shoals .

    Lets see what the market says but i am a buyer today
 
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