MAY 3.33% 3.1¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-565

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  1. 1,503 Posts.
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    I appreciate your sanguine attitude sameoldstory. I can't advise you what to do but I think I might pick a few more shares up at these prices.

    They should have gone for the bird in the hand rather than the two birds in the bush. All seemed too good to be true, and what do you know? (it was!)

    They can't mistake 1,900 bopd though. Hopefully they can get into a producing operation sooner rather than later. They need more Amistad wells straight away.

    I am fast disciplining myself to forgetting about Marti and Alameda and recalibrating to celebrating production from Amistad. Management needs to advise clients of their plans in a pragmatic and full manner as to how they are going to be producing 5,000 bopd by years end and export their first oil before 2024 ends.

    disclaimer; just my opinion so do your own research.
 
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