next week should be better. we get the prelim farmout agreement announced and a peak into the details of the agreement, most importantly, how much upfront cash MAY will get in Dec 2018. I think this should push the SP to 2.2c as the CR announced there was demand for the stock (who would not demand the stock @ 1.8c).
this upcoming Dec quarter should be a big one for MAY. we could be pushing towards the $70M market cap easy.
- we have the Santa Cruz deal, this generate cash at almost zero cost to MAY.
- cuba 9 final agreement, almost certainly some upfront cash here.
- prelim result/interpretation of beehive, hopefully more proof of big HC
- more concrete news on TSP
- Sherritt Cuba Block 10 drilling result. MAY could learn alot from this for the cuba 9 drill. next door neighbor.
I've bagged the Board if they made bad deals, but have to give them credit for the above deals.
Trading Halt, page-19
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2048367 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1402823 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |