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Why Did Melbana Energy Limited Request a Trading Halt on Its Securities? — ASX:MAY| ASX Mining News & Discussion
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Lykeshares Official
$MAY Why Did Melbana Energy Limited Request a Trading Halt on Its Securities?
Melbana Energy Limited (ASX: MAY), an independent oil and gas company listed on the Australian Securities Exchange (ASX), has requested a trading halt on its securities. The securities will remain in a trading halt until the earlier of the commencement of normal trading on Monday, 28 August 2023, or when the announcement is released to the market. The halt is in relation to a pending announcement that could potentially impact the company's securities.

Focused Portfolio of Exploration Opportunities

Melbana Energy has a concentrated portfolio of high-impact exploration, appraisal, and development opportunities in Cuba, Bonaparte Gulf, and the Territory of Ashmore and Cartier Islands in Australia. The company's mission is to become a world-class exploration and production (E&P) company by leveraging its talented team's skills in identifying and effectively developing attractive oil and gas prospects.

Drilling Program in Block 9, Cuba

The pending announcement may be related to the company's current drilling program in Block ...
Why Did Melbana Energy Limited Request a Trading Halt on Its Securities?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?