Added to YB: 2026-06-30
Pitch date: 2026-06-26
MAY.AX [neutral]
Melbana Energy Limited
Author Info
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Company Info
Melbana Energy Limited engages in the exploration of oil and gas in Cuba and Australia. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016.
Market Cap
AUD 15.1M
Pitch Price
AUD 0.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-3.23
P/E
-3.53
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
N/A
How to Invest in Cuba: Uninvestable Ideas for (Stupidly) Brave Investors - Melbana Energy Limited
MAY.AX (quick overview): Aussie-listed micro-cap (AUD$15.1M) O&G dev w/ 30% op interest in Cuba's Block 9 (Sonangol 70%) near multi-billion-bbl Varadero. 15.7B bbl oil-in-place, 676M bbl prospective; Alameda-1 hit movable oil. Pre-revenue, only $4.4M cash, dilution-only funding, Cuba/hurricane/political risk.
Read full article (1 min)