MAY 0.00% 2.0¢ melbana energy limited

Ann: Quarterly Activities Summary-Period Ended 30 June2022, page-14

  1. 238 Posts.
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    AP stated previously that he did not anticipate the need for a CR. The balance sheet does looks healthy enough with the JV 85% input. I just wonder if the recent SP chart indicates that the market thinks May will need more cash to finance the A1 appraisal and beyond and that a CR is on the cards.
 
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