MAY 5.26% 3.6¢ melbana energy limited

The great thing about this oil discovery is that it is onshore...

  1. 2,289 Posts.
    lightbulb Created with Sketch. 1018
    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.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.6¢
Change
-0.002(5.26%)
Mkt cap ! $121.3M
Open High Low Value Volume
3.6¢ 3.7¢ 3.5¢ $40.16K 1.116M

Buyers (Bids)

No. Vol. Price($)
6 670068 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 13422 1
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.