MAY
Click for more information
6.25% 3.0¢ melbana energy limited

Ann: Melbana Energy in Cuba, page-21

  1. usernam
    282 Posts.
    lightbulb Created with Sketch. 83
    clock Created with Sketch.
    16/05/24
    11:58
    Post #: 73854920
    If 5000 bopd by end of year as per presentation then that is approx 1.8 million barrels/yr.

    Profit of say $30/barrel (total guess on my part) equates to around $55 million per annum. Which is a PE of around 3.5
    And that is just for starters
    MAY Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 24  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

SXE SCEE boosts Synergy deal by $50M for Collie battery project
right-arrow Created with Sketch.
ITM Fast-track assaying yields 182 g/t gold for iTech at new NT play
right-arrow Created with Sketch.
RZI https://hotcopper.com.au/news/asx-news/149063/fast-track-assaying-yields-182-g-t-gold-for-itech-at-new-nt-play/
right-arrow Created with Sketch.
ALK Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26
right-arrow Created with Sketch.
NEWS The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?
right-arrow Created with Sketch.
ARU Cashed up Arafura locks in $171M German export agency deal; locks in NdPr offtake for wind turbines
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.0¢ 		Change
-0.002(6.25%) 		Mkt cap ! $101.1M
Open High Low Value Volume
3.1¢ 3.1¢ 2.8¢ $248.3K 8.453M

Buyers (Bids)

No. Vol. Price($)
4 750509 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 24364 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.