Just for the Amistad, Alameda, and Marti prospects. (not the whole of Block 9).
If you wanted a whole of block 9 analysis, you can read this:
source: 14-Nov-2018 Independent Investment Research – Melbana Energy - Nov 2018 https://www.melbana.com/site/cpfile/39e4c052-c2da-45d1-9d01-74f732835079/IndependentResearchAustPtyLtdMAYFinal181113.pdf
Therefore... if they successfully proved the P50 for all Block 9 prospects, their company could be worth (30% of 15,763), x ~$39.5AUD = $186.8billion which is just too extreme to fathom, and also unlikely (since not every block 9 prospect mentioned in the above table will be able to yield resources) But in an ideal world where everything was successful, this means Melbana with $186b would become bigger than:
https://www.listcorp.com/asx/sectors/energy/energy/oil-gas-consumable-fuels
Needless to say, it could even be more than that considering when they did find hydrocarbons in Amistad/Alameda/Marti it was more than the pre-drill estimates.
- Forums
- ASX - By Stock
- MAY
- The Melbana Energy Limited $0.86/share Party
The Melbana Energy Limited $0.86/share Party, page-5
-
- There are more pages in this discussion • 348 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.51M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $37.36K | 1.616M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 2453145 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 2010466 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 2453145 | 0.023 |
16 | 5668773 | 0.022 |
21 | 2118175 | 0.021 |
22 | 4412776 | 0.020 |
10 | 1016513 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 2010466 | 8 |
0.025 | 989721 | 4 |
0.026 | 2406955 | 9 |
0.027 | 1126611 | 3 |
0.028 | 1562711 | 10 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |