I think May is a "gunna" company.It was gunna drill Beehive then it was gunna takeover MEL now it says it is gunna drill in Cuba with Sonangol.However despite all the gunnas the only thing it does is run down its funds.Its latest announcement on Cuba reads well but wiith a little uncertainity. "Subject to Sonangol’s interest in Block 9 PSC receiving Cuban regulatory approval (which we are advised has been received and is now in the process of being formally documented), the FIA provides for:"
MEL Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
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