MAY 4.35% 2.2¢ melbana energy limited

Ann: Alameda 2 First Production Results, page-328

  1. 330 Posts.
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    Hi All and Deus_EX_102,

    I'm now fairly sure that the context that MAY is referring to the 63m interval in, is as a net reservoir zone (Slide 1 - Item 1 & Blue Text Box). Based on this and my previously derived vertical richness value (Slide 2) I calculate out the 63m of net pay to be equal to 45.9 MMBO recoverable (caveat below) for MAY's 30% (Slide 2). Obviously, as stated in the ASX "this interval now needs to be reconsidered and may, with engineering solutions, lend itself to future development".

    So Unit 1a and 1b could be in for a significant upgrade from the Certifiers (Slide 3).

    GLTAH
    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/5409/5409671-884d1239c7ef9aeea459b24dd5e11531.jpg


    https://hotcopper.com.au/data/attachments/5409/5409686-1ec5e0af9c20a5f2246a0fd6cbbc0799.jpg



    https://hotcopper.com.au/data/attachments/5409/5409676-48b3871e3235aed4f0019668afd65d03.jpg



 
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