MAY 3.70% 2.6¢ melbana energy limited

Ok. For the using your brain department. I don't know many...

  1. 142 Posts.
    lightbulb Created with Sketch. 47
    Ok. For the using your brain department.

    I don't know many businesses that would waste so much money drilling for something that they had got the modelling wrong for, (which is your summation, not theirs). I am not saying its not a duster, I am however saying they aren't just pissing money into the wind on the wrong data and now hoping for the best. Any company that believed they got it wrong would pull up stumps and not bother to continue drilling and go back to the other targets to try and work on flow and production..

    I have read a lot of your posts and they definitely have merit in them because you obviously put thought and research behind it. In saying this you are still just guessing and I would take the guess of the guys on the ground over yours currently. Not an attack on you, but you can see where I am coming from hopefully.
 
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.