MAY melbana energy limited

Ann: Cuba Block 9 Update, page-1482

  1. 1,552 Posts.
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    There is no doubt that additional funds will be required to future production wells, the only question will it be from oil sales (250,000 per shipment - May's share $4.5m), offtake agreement, farm-in partner, etc. At this stage, I don't believe a CR is part of their plans and current SP doesn't support the usual shenanigans that you see if this is on the cards.
 
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2.3¢
Change
0.002(9.52%)
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