MAY 0.00% 5.1¢ melbana energy limited

I hate to say it but I disagree. I don't think 1A and first core...

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    I hate to say it but I disagree. I don't think 1A and first core tests will result in a big rerate. Look at how significant 1B was and we moved 5%.
    I think only flow tests will and even then imo the spike will be big but it will come back down alot also. I think a steady rerate will happen once we start receiving dollars for oil and prove all this sovereign risk stuff is nonsense and that we are capable of monetising the asset.

    Very bullish but feel like we will be waiting a while longer. Hoping to sell 10-20% of my parcel into the spike if it's significant and the flow tests are good and long hold the rest for a few years. In a few years I could see us past 50c. Great return on an investment
 
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