MAY 0.00% 2.0¢ melbana energy limited

Ann: 2023 AGM Presentation, page-32

  1. 10,189 Posts.
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    lol that’s his guess on getting more money for more wells because it can’t flow properly the thick oil. You think that the heavy oil (tar) will flow properly 4km down the hole to surface hahhaha. It’s forever a shit product and science tells you it will be a poor flow rate needing a dozen wells which will be uneconomical

    MAY product is poor. Still needs many months to spud as well and even then the results are predictable
    Last edited by Roch2077: 16/11/23
 
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