MAY 4.35% 2.4¢ melbana energy limited

Feb approaching, page-31

  1. 19,172 Posts.
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    Hi Nammuldi.

    Firstly, a big thank you to all the excellent posters here.
    Particularly you Spitfire. (Man, does this guy know his stuff).

    I have read just about everything I can find on MAY and it looks pretty promising.

    My only real caution at the moment is the time to first drill.
    I cant see spud on the first Cuba drill happening until late May for MAY (see what I did there).
    The market at the moment is a little trigger happy and with approximately 3 months up their sleeve, could hold off from any meaningful buying.
    If between now and then, the orange buffoon in the States has a blue with Mr China, global markets will piss their pants.

    Total and Santos' decision however, could offer a near term catalyst (market loving Santos at the moment with their involvement in our other darling CVN).

    All things considered, I will stay on the sidelines for now.
    Until then, you MAY want to warn your fellow posters off about me. Dreadful humour and way too much enthusiasm.
    Half the time I have myself on "Ignore"rolleyes.png

    Good luck mate.



    Sentiment: Long term buy.
    Position: No stock currently held.

    Last edited by gottalove: 23/02/19
 
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