MAY
Click for more information
4.35% 2.4¢ melbana energy limited

Ann: Preparations underway for start of Zapato-1 exploration well, page-220

  1. Sharetrader78
    12,859 Posts.
    lightbulb Created with Sketch. 1843
    clock Created with Sketch.
    28/04/22
    19:41
    Post #: 61081675
    One of many one would think >>>

    the upper Amistad has a mean 35MMbbl Net to MAY ... and AP believes they are being very conservative and could well double the amount they could recover with higher recoverable oil..

    But lets say going forward the JV focus of getting cashflows with muti wells in the shallow Amistad

    >> MAYs share 35MMbbl @ $20AUD free cashflow(present spot oil A$143bbl) = $700mill AUD

    ----
    MAY Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

FMG Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI
right-arrow Created with Sketch.
AGY Argosy signs deal to sell battery-grade Rincon lithium to Korea
right-arrow Created with Sketch.
FG1 Flynn Gold flags mid-grade drill hits and always eye-catching rock chips
right-arrow Created with Sketch.
GNX NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project
right-arrow Created with Sketch.
NRX Noronex joins forces with South32 to look for copper in Namibia
right-arrow Created with Sketch.
IMR Imricor raises $35M to pursue growth and expansion into Australia and NZ
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.4¢ 		Change
0.001(4.35%) 		Mkt cap ! $80.88M
Open High Low Value Volume
2.3¢ 2.4¢ 2.3¢ $69.77K 2.985M

Buyers (Bids)

No. Vol. Price($)
6 636564 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 535371 3
View Market Depth
Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.