MAY 18.2% 3.9¢ melbana energy limited

Never been tied to the "By Novemeber" clause becuase IF the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,266 Posts.
    lightbulb Created with Sketch. 58

    Never been tied to the "By Novemeber" clause becuase IF the chinese get into control and all is approved and they start spudding or earthworks by novemebr who is going to say No sorry deadline not met???? - so for me delay likely in terms of getting 2 holes drilled BEFORE end of nov, but at least started by end of November as a minimum???


    But risk is here chinese getting cold feet and pull out for some reason - no one will know until it happens, and the $$ guarantee is likely the trigger point.

 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.