MAY 6.67% 3.2¢ melbana energy limited

If 5000 bopd by end of year as per presentation then that is...

  1. 291 Posts.
    lightbulb Created with Sketch. 84
    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
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
0.002(6.67%)
Mkt cap ! $107.8M
Open High Low Value Volume
3.1¢ 3.3¢ 3.0¢ $90.72K 2.927M

Buyers (Bids)

No. Vol. Price($)
7 1456582 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 1279469 5
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.