MAY 0.00% 2.3¢ melbana energy limited

Ann: Non-renounceable Entitlement Offer, page-17

  1. 12,484 Posts.
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    you could calculate it !! im not doing it .yet we will get some good news ,well before the final drill date .the thing is if we are striking oil in the first well do we hang on for the second well .we will see a bunch of new shareholders here trading ,we wont know ourselves ! it has already started ! sellers loading up at 7 cents already . cuba has at least 5 refineries ready to buy this oil .and we can get this oil out at a low price ,so the margins are good . as stated in some of the transcripts . as i figure the churn is down to 117,764,570 from 143,065,293. thats only a very much guess !! also we have centrepoint trading .they are a insto. there is lots going on here !! cuba the untapped santos petroleum .
    dyor
 
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12 2453145 2.3¢
 

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2.4¢ 2010466 8
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