MAY 0.00% 3.2¢ melbana energy limited

When will the big end of town start taking an interest ?, page-215

  1. 10,189 Posts.
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    Jason MAY coming up with discovery already called with a 90 percent geological success rate and production starting in April:

    STX- 42 million barrels of oil appraised so far and further drilling is happening to hopefully expand resource - 850 million dollar market cap

    WGO - 32 million barrels of oil and aggressive take over at 450-500 million dollar market cap

    Genel Energy - approx 80 million barrels of oil appraised back in 2019 and hit a 1.2 billion dollar market cap

    MAY has a discovery already called, 90 percent geological success rate for a resource larger than the conservative 126 million barrels of oil coming up to appraise and the further potential of block 9 of up to 2.5 billion barrels of oil in Alameda alone - 260 million market cap with upside of north of 1.5 billion dollars (North of 50 cents). Extremely undervalued and should be trading at fair value 15-20 cents. It will get there and the coming days of Feb are going to be exciting

 
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