This rise doesnt seem like just day traders maybe an institution starting to buy. The intrinsic value of MAY is hardly reflected in the share price and we got to be worth at least 15c just based on what's founded and flowing in the uppersheet which btw is the secondary targets.
our primary target is the lower sheets of Alameda 3 and Marti and if this flows like the clappers 25 to 30c is not unrealistic and stilll under values us.
Then feral myself and all will have sold driving share back down to 20c.
Then we buy back as a CR is raised to drill the rest of block 9. Note we hardly skimmed the surface as only drilled 5% of block 9 and 2 of the 25 prospects.
Realistically there could be much more oil down there.
After this we could head to $1 though but hey i'll be happy with 30c . Then keep a trading parcel up to $1.
Dreaming i may be but its achievable. We don't know how much oil is out there on the 95% not drilled but we know we have already 25 billion barrels of oil in place on the 5% drilled.
Sell at 7c....nah ill hold on.
See the 9 commandments not to sell below. Dont regret selling so cheap. The value is hardly realised here
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- Cuba Block 9: Operations Update 31 May 2024
Cuba Block 9: Operations Update 31 May 2024, page-374
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $19.51K | 850.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 4933757 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 3529611 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 4933757 | 0.022 |
21 | 2584011 | 0.021 |
25 | 6237628 | 0.020 |
6 | 866060 | 0.019 |
3 | 600000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 3074011 | 13 |
0.025 | 1038100 | 3 |
0.026 | 915955 | 5 |
0.027 | 500000 | 3 |
0.028 | 1502991 | 8 |
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