MAY 4.17% 2.3¢ melbana energy limited

As per CEO interview from 4 weeks ago he talks about how the new...

  1. 10,189 Posts.
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    As per CEO interview from 4 weeks ago he talks about how the new designed well has now increased appraisal rate from original independent assessor’s and have put the project in a de risked position in lower layers. So yes greater than 90 percent appraisal rate for oil being appraised in March.

    15-20 cents a share is fair value. Traders getting their refill for another run up and got mine ready. 200 million market cap is a joke for 2.5 billion barrels conservative for Alameda upper sheet only and discovery already called

    https://hotcopper.com.au/data/attachments/4921/4921559-ada05c405501232c818bc7616cb7f3a7.jpg

    Last edited by Roch2077: 19/12/22
 
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