MAY 3.57% 5.4¢ melbana energy limited

I think a few people think, myself included that a bird in the...

  1. 368 Posts.
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    I think a few people think, myself included that a bird in the hand is better than 10 chicks and hoping they all grow up to produce eggs.

    If we get to 1bb of oil recoverable then roughly 250mb for us.
    15% IGV v sales price would be $12 so a value of $3b or about 80c.

    Pretty sure most of us older VLTH would be more than happy with that.

    Just my alternate view!
 
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