MAY
Click for more information
6.25% 3.0¢ melbana energy limited

Hi SmiteoffI believe Cuba relies heavily on Venezuela for nearly...

  1. _ebit
    2,691 Posts.
    lightbulb Created with Sketch. 341
    clock Created with Sketch.
    02/05/23
    19:26
    Post #: 67571782
    Hi Smiteoff
    I believe Cuba relies heavily on Venezuela for nearly all its oil needs.
    If MAY/Sonangol can produce a commercial discovery i think Sonangol will prefer to be the in country multi decade sole provider.
    A very simple supply demand oil friendly jurisdiction.
    Yes they have or are trying to sell some of their oil plays but not all of them.
    I see a deal being as everything has a price and our CEO will want to monetize and move on.
    _ebit
    MAY Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

SXE SCEE boosts Synergy deal by $50M for Collie battery project
right-arrow Created with Sketch.
A1M Swagman shoot proves plentiful for AIC, with Cu beyond 3% close to Eloise
right-arrow Created with Sketch.
STN Saturn’s stars have aligned for the gold explorer’s Apollo Project
right-arrow Created with Sketch.
ALK Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26
right-arrow Created with Sketch.
AWJ Auric jumps 10% on maiden cash sales in Q3CY24 and firm guidance
right-arrow Created with Sketch.
NEWS The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.0¢ 		Change
-0.002(6.25%) 		Mkt cap ! $101.1M
Open High Low Value Volume
3.1¢ 3.1¢ 2.8¢ $248.3K 8.453M

Buyers (Bids)

No. Vol. Price($)
4 750509 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 24364 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.