MAY
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5.26% 3.6¢ melbana energy limited

Excitement., page-9

  1. 1234zxcv
    374 Posts.
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    23/07/17
    12:52
    Post #: 26027607
    Lenigas Cuba have sold 10% of there holding on market over the last 5 month. They have raised $270,000 to keep their lights on as they have no funds and only loss making investments. They also have 14% of Petro Australis and will need funds to keep there share if Petro Australis backs into Block 9.

    Lenigas need money and Melbana is their only liquid asset.
    MAY Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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