The fundamentals of this drill speak much more strongly than Roch, or any other HC geezer tbh. Millions of barrels, the possibility to multiply by updated recovery rate analysis. A very obviously motivated state in CUPET and a great JV in Sonangal have allowed us to remain the operator. There's a lot of trust and money in this game, and Melbana has already proved themselves a winner with Alameda-1.
I remember when the resource estimates were coming out at 5% recovery, and still blowing the original pre-drill estimates out of the water. It's massive - and it's ours.
Pumping or not, the company is stepping at the doors of becoming a decent producer in the next 6-12 months. And lets not forget that Zapato and the remainder of Block 9 remain as further exploration opportunities.
- Forums
- ASX - By Stock
- MAY
- General discussion
General discussion, page-62
-
- There are more pages in this discussion • 788 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2048367 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1402823 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 650000 | 0.022 |
21 | 2312018 | 0.021 |
29 | 4624745 | 0.020 |
11 | 1388627 | 0.019 |
3 | 535055 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1311657 | 4 |
0.024 | 3142174 | 9 |
0.025 | 3859683 | 6 |
0.026 | 326965 | 4 |
0.027 | 2632940 | 7 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |