MAY 3.13% 3.3¢ melbana energy limited

MOVE your SUPER-TANKER out of my DEEP-WATER PORT, page-295

  1. 351 Posts.
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    Are you forgetting McDaniels are the professionals and also are conservative in estimates? Also i cant comprehend the basic arithmetic? Where are you getting a 12x from when theres been no reported increase in recovery factor? Maybe take a look at yourself before calling out other peoples arithmetic skills. If you are as smart as you say how have i seen countless predictions by you not come close?

    12-15c when the resource upgrade comes out okay lol i cant wait to @ you once it drops. Personally i think we might hit 10c but bounce off resistance and drift between 9-10 until flow tests happen. 12-15c I just dont see happening in this market. Small / mid caps are being slayed and you expect us to add 200m+ to our market cap off a resource upgrade in a market that prefers cash flow over reserves?
 
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