MAY 0.00% 2.2¢ melbana energy limited

Investors not whiners, page-18

  1. 7,769 Posts.
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    EXACTLY!

    There seems to be a lot of noise out there in HC land at the moment (Seppobacker is trying his hardest to discredit anything to do with Cuba: still sore at having their a*** handed to them at the Bay of Pigs I reckon), and a lot of ignorance of facts.

    Facts.

    - U1B "produces" typical Cuban grade oil without artificial lift. Massive potential. Resource UGRADE imminent (name your number as to the multiple). Field development already discussed and pad approval in progress. McDaniels resource upgrade will translate to updated valuations from Evolution Capital and others. Massive uplift coming. Timing? Resource upgrade "Q1 2024". SP re-rate? Yes.
    - Testing of U3 not consequential. Rampers seem to think it is (and clearly don't understand the choke v flow). Get a life eh.
    - The history of Marti extends well back before A1 (Marti-5 is a good example). High pressure zone. Higher API. Downrampers trying to convince the market that API is low and pressure is low. Reality is that pressure is high (ref: A1), and API is higher (ref: Marti-5). Sepp and others trying to use bold print and silly questions to cover up the fact that A3 alone could be a company maker.

    A2 alone is a massive haul for MAY. If A3 comes in according to expectations (performs accordingly to history, and ignores silly comments from Sepp and others) then the sky is the limit. Even Roch may buy stock at that point.

    Patience require. Simple as that.

    Kit.
    Last edited by Kit67: 21/02/24
 
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