MAY 3.13% 3.3¢ melbana energy limited

Ann: Total depth reached at Zapato-1ST, page-16

  1. 9,867 Posts.
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    Exactly mate, unfortunately this point will be missed on a lot of holders. The potential reservoir sits a lot deeper than expected and clearly this rig is at its limits. While we’ll see a selloff, Zapato isn’t even priced in, Alameda is worth more than the current sp, which we are now swinging back to to start pumping that lovely black goo out of.
 
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