MAY 3.70% 2.6¢ melbana energy limited

Ann: Notification regarding unquoted securities - MAY, page-179

  1. 7,835 Posts.
    lightbulb Created with Sketch. 1006
    Excellent - Many thanks.

    TBH - Can't fault your numbers. Recovery is conservative (that 5% number has been mentioned several times, and I suspect that McDaniels will default to it as well). I think Evolution Capital had a Prospective Resource for the upper units of 103mmbbl, and if you are coming in closer to the 392mmbbl mark, the Block 9 valuation of 19 cents per share will increase markedly. And that's excluding the main game (A3).

    Just a matter of picking an entry point for some, and then waiting a bit. News soon.

    Kit.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
-0.001(3.70%)
Mkt cap ! $87.62M
Open High Low Value Volume
2.7¢ 2.7¢ 2.6¢ $40.62K 1.529M

Buyers (Bids)

No. Vol. Price($)
1 318747 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 15000 1
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.