MAY 4.76% 2.2¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-819

  1. 7,740 Posts.
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    "It would be ridiculous to expect there would be an announcement of a formalization of a remediation plan, in such a relatively short period - I for one prefer that they take their time ans come up with the right answer."

    I agree 100%

    "What is expected is an announcement of the latest flow testing for 1B in the first well - it was reported by PAC partners that this would commence almost immediately flow testing for production"

    I would treat anything that Pac Partners say with a grain of salt (they placed a buy of MAY mid last year, got all their house punters in on it, and are now scrambling to explain their valuation).

    Kit.
 
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