MAY 3.57% 2.9¢ melbana energy limited

Ann: Update on Appraisal Well Drilling Program Timetable, page-354

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  1. 13,241 Posts.
    lightbulb Created with Sketch. 1912
    Not too stress about the SP movements at present but am looking forward to early MAY and esp when the RIG gets to site I think we will see another run past 10c .. and as we know from the updates we should have much delays between wells ... now how the SP will re-act if we get the positive results ... 2H23 could well give us a BAG or two depending on the OIL price and numbers from flow-tests .. we know we have Muti Billion bbls gross prospective resource .. now just what kind of OIL do we have if lighter than usual HEAVY Cuba oil ...2P reserves will be impressive...
 
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