MAY 0.00% 2.3¢ melbana energy limited

AP We Need a 2nd Drill Rig for Block 9 ASAP, page-127

  1. 890 Posts.
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    It wasn't the disagreeing I minded - it was the contemptuous comments and juvenile 'LOL'.

    You don't seem to get the point I was making.

    You said the share price did not reflect any production value.

    I'm saying the share price does reflect an allowance for future production, otherwise there's no point to the price.

    It would then be a price for drilling holes or a price for having drill rigs on the ground. It that case why is the price not 1c or $1 or $10 ?
 
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