MAY 6.06% 3.1¢ melbana energy limited

Ann: Alameda-1 Hydrocarbon influx into wellbore, page-240

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  1. 6,785 Posts.
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    The push by the buy side into the close yesterday is also a sign that expectations are tipping strongly to the positive.

    It was a great finish to what has been a compelling last few weeks.

    Overlay the general market wind back with so many heavy red days and MAY looks even better.

    One uncertainty I and everyone else has is what level of resource we are looking at but I take comfort from the results on each level being so emphatically greater than even the best case 'guesses'.

    My hope atm is we have a step changing oil discovery (high hundreds of millions of bbls or better).

    GLTH's.
 
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