MAY 2.17% 4.7¢ melbana energy limited

Yes the McDaniels report will take many months but i think...

  1. 261 Posts.
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    Yes the McDaniels report will take many months but i think igniting the rocket is far sooner then you think.

    So far Melbanas geos have had tremendous success in Amistad especially after the resource upgrade. Further successful flow tests and decent API (24+ but if its 30+ 100% rocket) will in my opinion light a rocket engine under MAY as further confidence will be instilled into the Melbana team who has already called Amistad correctly. If A3 is successful i see FOMO piling in for Marti and Alameda in anticipation of the McD reports for the reservoirs.

    Also you are forgetting upper sheet development plans, multiple rigs being used for production wells, production incoming and a chance at a possible takeover? (i only say this because i genuinely believe AP isnt stupid and there is a good reason his not releasing to market / doesnt care about current SP is because he knows a big pay day is coming thats my little conspiracy theory but to me it makes sense)

    Rocket is closer then you think.


 
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