MAY 4.35% 2.4¢ melbana energy limited

Ann: Zapato-1 Exploration well on track to spud end of May, page-204

  1. 11,367 Posts.
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    This is ridiculous. So you are attributing a 40c increase to hitting oil at Zapato? Even though we are at 10c after hitting at alameda. And you think the resource statement from the two zones we don’t yet have will add 25-35c? you realise 85c is about 2.5b valuation?
    cmon mate. We are all super bullish about our future but this sort of rubbish just makes the thread feel like spam and not get taken seriously.
 
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