MAY 6.06% 3.5¢ melbana energy limited

Ann: Alameda-3 Drilling Update, page-299

  1. 304 Posts.
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    Flambeau still MIA. JM capitulated. Kit turning on management. The bulls are slowly giving up. Fascinating to watch. I'm not bothered by week to week volatility.

    The only thing that will worry me is a P&A or a failed flow test. So far neither have happened. Most people seem to think this is a casino and want 100%+ returns in a few months. Sorry but drilling a hole over 3kms underground is a huge achievement and it will take a little longer.
    Last edited by ohmikeyoh: 20/05/24
 
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