MAY 0.00% 3.0¢ melbana energy limited

$$$$ the million share club $$$$, page-526

  1. 2,853 Posts.
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    Market taking a lot to get excited. Way too much uncertainty over commodity prices although all indications are up. Take a look at gas prices and the effect their having on consumers. Europe speeding towards energy security will dump gas in favor of anything. Germany is talking coal. Much over 100 US$ oil prices will have the same negative impact and the electric revolution will commence at break neck speed. Lot of World to electrify and will take time. MAY time is now as is all fossil fuels until the transition is complete.
    IMO. I'm pricing MAY at 50 USD per barrel.
 
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