The great thing about this oil discovery is that it is onshore and near existing oil storage and processing facilities. If this discovery was offshore it would take several years to develop and cost hundreds of millions of dollars. Being onshore it will only take months to start production and can be trucked to nearby oil storage and processing facilities, with options soon to be converted to shares MAY has more than enough cash to pay for its share of development costs.
This Train at stoppin till 6.5 cents then express to 9.5 Cents - Stand Clear Please, page-126
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Last
3.5¢ |
Change
0.002(6.06%) |
Mkt cap ! $117.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.6¢ | 3.3¢ | $577.5K | 16.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1018559 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1521853 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAY (ASX) Chart |