MAY 4.35% 2.2¢ melbana energy limited

Ann: Preparations underway for start of Zapato-1 exploration well, page-467

  1. 9,756 Posts.
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    This is exactly why markets over shoot, it’s emotionally driven in the short term. I really don’t care if it goes to 1c by end of the week (well actually I do because I’d buy everything I could), I’m more interested as to where it’ll be in 12 months with development wells pumping at A-1 and possibly Zapato, Beehive etc, all the while keeping my cgt discount intact. Once we offload all these emotional traders it’s back on.
 
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