MAY
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5.26% 3.6¢ melbana energy limited

Ann: 2023 AGM Access Letter, page-85

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  1. Kangaroos67
    3,142 Posts.
    lightbulb Created with Sketch. 1041
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    15/11/23
    18:08
    Post #: 70922422
    Yeah fair enough i suppose
    50% from exploration wells.
    First A2 appraisal is probably 75%-90% success, hard to judge without the new resource figures and full flowrate and THP to correlate
    If Marti is safely/successfully drilled and comes in as a solid free flowing well @~2-3000 bpd then all will be forgiven imo
    APs announcements are really frustrating and some blame must go to the people feeding it to him
    But he's the boss, so needs to take the brunt of it
    MAY Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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