MAY 0.00% 2.1¢ melbana energy limited

Ann: Melbana Energy in Cuba, page-213

  1. 1,826 Posts.
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    Hi afawcett, appreciate you having attended these events and keeping the forum in the loop.

    I still remember the pandemic days of 2020 (only 4 years ago) and the discussions on these threads of this being a total (dog) stock, and yes, AP was criticized back then. The share price at one point was only $0.003 cents per share (yes, only 1 third of 1 cent). Here we are 4 years later and a 16 fold increase in share price of $0.049 per share, with 3 wells drilled, a materiel resource discovered and not a terrible amount of dilution along the way. The transition to producer will be expedited quicker by the fact it is onshore.

    I think this stock will look different again (for the better) in another 4 years and am happy to stick around
 
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