Have you factored in oil prices?
Fresh off the press, BBC today ran a story on oil:
1. Crude oil prices now tipped to head north towards $200 barrell. $200 a barrell. I kid you not.
2. Main oil buying countries in the EU have now floated removing all reliance on Russian oil. They are asking EU countries to look for alternative sources. They do not want to be held to ransom by Russia, or be an inadvertent party to Russia becoming rich from the price of oil
The way I look at it, Melbana is a once in a lifetime opportunity for investors.
1. We coincide our investment at the first time in 40 years where oil prices have hit this high, AND, are tipped to reach realms never before seen.
2. We await news of multiple oil drilling projects
3. Our oil fields are in places the world wants new oil sources.
GLTAH
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