MAY 3.13% 3.3¢ melbana energy limited

Ann: Alameda-1 Drilling Update, page-667

  1. 2,286 Posts.
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    IMO Alameda will be flowed tested and results will be out this week or the latest early next week and will then be put in production, nothing has been said to indicate otherwise, if there was a problem MAY would have to inform the market. What they are doing now is a slow process and care needs to be taken. MAY has fallen recently due to the overall markets falls, I expect MAY to bounce back strongly today to 12.5-13c maybe 13-13.5c. Shortly, time will tell.
 
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