MAY 0.00% 2.8¢ melbana energy limited

Released News: Block 9: Alameda-2 Operations Update, page-49

  1. 85 Posts.
    lightbulb Created with Sketch. 24
    It is my understanding that the block nine license expires in a set time frame after the discovery is declared commercially viable. Looks like some on these pages consider that we are at this stage now. The roads will never be able to take the daily punishment but if they could how long would it take by road to fill a super tanker at the Port of Martanaz, 1 to 3years? A pipeline connecting into the existing infrastructure could be the only option we have to make this discovery viable as the development costs will be horrendous compared to May's available funds. Cuba has a similar unemployment rate as Australia. It may be a sensible option for MAY to step aside and pass the logistics infrastructure on to our majority partner that may have the expertise and workforce to design and construct the much needed pipeline. GLTAH. DYOR.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.8¢
Change
0.000(0.00%)
Mkt cap ! $94.36M
Open High Low Value Volume
2.7¢ 3.0¢ 2.7¢ $107.6K 3.724M

Buyers (Bids)

No. Vol. Price($)
6 755128 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 31782 1
View Market Depth
Last trade - 16.10pm 20/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.