MAY 4.17% 2.3¢ melbana energy limited

Ann: Quarterly Activities Report and Appendix 5B, page-7

  1. 329 Posts.
    lightbulb Created with Sketch. 140
    200 million market cap
    47 million cash on hand
    billions of barrels soon to be certified

    Sounds pretty good to me.


    There's a reason this is being discounted so heavily (trust in AP, ops in Cuba, uncertified reserves...something else?), need to understand what that is before we can start moving in the right direction.
 
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