Below is my final estimate based on our first drilling campaign in Cuba
17 cents makes MAY's market cap about 485millI
Totally agree 17cents off the next positive announcement for our current drilling. (No Brainer imho)
But Its going to take a brave person after 17 cents in this time we live in to justify above 17 cents just on our current drill to where MAY's price is headed in the short term. (4weeks)
But if We rerate the size of this first discovery and start drilling number 2 with positive results off we go again.
Just my opinion based on 12 years of research. DYOR
MAY Price at posting:
12.3¢ Sentiment: Buy Disclosure: Held
