The Melbana Energy Limited $0.86/share Party, page-2

Absolutely amazing summary of what MAY is worth after appraisal. North of 50 cents is clear is coming and for posters that don’t own the stock and talk garbage when appraisal process begins in coming weeks tells you that either they are old holders that got burnt and don’t want the company to succeed or they are looking for an entry in coming 1-2 weeks for a run up towards appraisal.

Either way fair value right now is 15-20 cents and the rerate continues from Tuesday onwards because at a 90 percent geological success rate leading to commercialisation and trucks, tanks and infrastructure ready for production starting late March on a delayed appraisal and largest in more than a decade current valuation is significantly oversold and the rerate is huge