MAY 6.06% 3.5¢ melbana energy limited

I do wonder if SNGL are putting into place a large funding...

  1. 4,472 Posts.
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    I do wonder if SNGL are putting into place a large funding package $100mill+ to drive the Cuba project forward ...
    so why stress about the 22mill owned in the ST
    And we see CUPET come into the picture with major development plans to go ahead in the 2H24..."


    ... 'I do wonder if' ... awesome day-dreaming S78 ... but why stop at 100M ... why not 'now' maybe build a sub-sea pipeline from the current wellsite to Northern Germany to supply western Europe during winter ? ... all produced from maybe the next 'super-bowl' lower zones ... yeah !! ... 1.00 !!

    ... there maybe a ~22 million dollar question ... so when may these funds be required maybe for on-going operations ... contractors do not work for free ... even in your best day-dream I doubt you could spin that one ... you would probably try though - "drilling for love" ... lol

    ... it maybe trading like a Capital Raise [?] ... though with drilling everything may change in a heart-beat imo ...

    ... imo it may be all be about the API ...

    ... MAY have been performing extremely well operationally imo ...
 
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