Australian (ASX) Stock Market Forum

MAY - Melbana Energy

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Swervin Mervin said:
The beast had a normal breather the last couple of days. Ready for an attack on 30 now. What a ripper
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Crickets
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themarketherald.com.au

Melbana Energy's (ASX:MAY) Zapato-1 well reaches total depth

Melbana Energy’s (ASX:MAY) Zapato-1 exploration well has reached its target depth.
themarketherald.com.au themarketherald.com.au
Melbana Energy’s (MAY) Zapato-1 exploration well has reached its target depth.

The Zapato-1 well is the second in the company’s two-well program within the onshore Block 9 production sharing area, in which Melbana owns a 30 per cent working interest.
 
Melbana Energy (MAY.ax) helping to give Cuba exploration and mining a profile amongst ASX investors

a speccy buy for MAY just on Friday the 16th of December 2022

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Hi guys,

looks like MAY might be onto something big,

volume rising, price rising, interest rising,

i find it interesting that no one is talking about it,

could be some big money to be made over the next few months,

in my opinion,
 
XR250R said:
Hi guys,

looks like MAY might be onto something big,

volume rising, price rising, interest rising,

i find it interesting that no one is talking about it,

could be some big money to be made over the next few months,

in my opinion,
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it had some interesting folks that bought into the IPO ( but i didn't )

but some seemed to have lost patience


it didn't fit my investment parameters , at the time/so far

good luck
 
good evening divs4ever

thanks for the super quick reply,

im not to sure i know what you mean about some of the interesting folks thing,

we all lose patience with stocks at some stage of our investing cycle,

from the reports already out, these guys have already got oil and will be doing some appraisal drilling in the next 6 weeks or so, refer to the last report from early december,

thanks, im not sure that i need good luck as the share price looks like its already pricing in a win and a place,
 
the instos that injected cash some weren't the usual high risk/speculative investor-types ( and that caught my eye )

one of my investing parameters is , generating ( share-holder ) dividends either currently ( or very soon )
 
XR250R said:
Hi guys,

looks like MAY might be onto something big,

volume rising, price rising, interest rising,

i find it interesting that no one is talking about it,

could be some big money to be made over the next few months,

in my opinion,
Click to expand...
Thanks XR25OR. MAY has been on rcw1 watchlist for ages... but have yet to action anything. Will have another peak at it.

Kind regards
rcw1
 
good one mate, lot of people going back to work today, so MAY might find more interest as the week progresses, would be very nice to see it in the teens by the end of this week, probably be in the low teens today by lunchtime,
 
Wow, what a day,

Tomorrow we should well and truly say good bye to anything under 10 cents,

I don't feel anything or sorry for the sellers this week, Hahahahaha

Looking forward to seeing the 20s and 30s and 40s over the coming weeks,
 

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