MAY 6.25% 3.0¢ melbana energy limited

General discussion, page-218

  1. 10,183 Posts.
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    The investors waiting for impatient hands to load up is evident over coming one to two weeks. The thing is as the days go past investors will become more impatient and begin to load up. Fair value is 15-20 cents before appraisal and this is where it’s going in the short term. Next 1-2 weeks news flow will begin and the delayed appraisal which was supposed to be done in the same well where the discovery was made is back on a couple of weeks later at a 90 percent commercial success rate This is not IVZ 35 to 1 chance roulette style

    It’s got north of 50 cents and this will keep rerating


    Last edited by Roch2077: 30/12/22
 
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