MAY 0.00% 3.6¢ melbana energy limited

This is a bit like the selloff during the “water” fiasco, we’re...

  1. 9,875 Posts.
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    This is a bit like the selloff during the “water” fiasco, we’re witnessing impatient and uneducated (in oil and gas exploration) bailing overboard. IMO, today was a nice opportunity to grab a few more shares. This is a long term investment, i said to Feral very early on, that in O&G investment you’ve always always always gotta expect the worst. Not being able to run a short flow test due to safety/over pressure is not a negative event, it just means we come back in the future with a beefed up, targeted plan. I’m actually hoping prices stay low (or go much lower) over the next few months, I’ll be buying whatever i can.
 
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