MAY 5.56% 3.4¢ melbana energy limited

All Aboard: May Train running express to 12.5 cents Stand Clear Stand Clear Please, page-76

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    I agree. I think the second opinon on the Alameda cores (and associated tests) may [total guess here] have something to do with the fact that they will aim to produce out of Marti, and not want to isolate, perforate and test Alameda (as it may compromise the well). The Alameda second opinions will give them a good read on the reservoir in that sheet (the two cores were 100m apart, so they can draw conclusions from that). The problem may be that they are spoilt for choice (Unit 1B, Alameda (3210-3310), and Marti). I'm also expecting to see much higher API in Marti (certainly well above the 19.8 out of 1B, and north of 24).

    Another 8 or so days (roughly) to TD, and I don't think we will get an update before then (I mean: why the hell would they). At TD we may get an update regarding testing timetable etc.

    Kit.
 
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