MAY 0.00% 5.5¢ melbana energy limited

Agreed with your 8 points. Easily the most detailed...

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    Agreed with your 8 points.
    Easily the most detailed appraisal/developmental MAY presentation to date. The fact MAY is talking pipelines, owned tanks, domestic/export, financing from sales/pre-sales and most importantly Sonangol is very happy. We are moving from exploration (although plenty more drilling to come) into a world MAY and very few oil & gas explorers every reach. We are so very far from the days of MEO and dud spud in NZ etc. Still $ to be made in the day trade movements so expect some HC pumps & downrampers, but I'm more in for the 3-5 years horizon - come what MAY with this crazy world.
    GLTAHs
 
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