MAY 5.56% 1.9¢ melbana energy limited

Ann: Block 9 Status of Alameda 3 and Operational Update, page-261

  1. 1,155 Posts.
    lightbulb Created with Sketch. 129
    Hi Smiteoff -

    People dwell here who are admirably qualified to more accurate answer your questions but at the recent Agm very direct questions were fielded by Ap from I believe Alexei who was as persistent as a frisky Jack Russell chasing a ball, I raise my hat!

    There remains the issues of porosity, vuggy something which is apparently good, fractures and so many Hundreds metres of reservoir that I get dizzy trying to get my layman’s head around it !
    Ap did not flinch when Alexeii suggested that a fivefold increase
    in recoverable reserves is coming our way via McDaniels analysis - this, for simple souls like myself, is much more important than if the drill starts spinning today or in a fortnight… critical stuff

    This sentiment is out there telegraphed at the Agm - let’s see if McDaniels long awaited upgrade lights the afterburners- Marti massive , oil already in tanks -

    Looks like a Merry Xmas to me
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
0.001(5.56%)
Mkt cap ! $65.71M
Open High Low Value Volume
2.0¢ 2.0¢ 1.9¢ $32.40K 1.693M

Buyers (Bids)

No. Vol. Price($)
16 8246937 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 955940 7
View Market Depth
Last trade - 13.50pm 10/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.