MAY 6.90% 3.1¢ melbana energy limited

Options Exercise, page-300

  1. 3,626 Posts.
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    Just over 14m actually.
    Nah, don’t worry I’m fine. The last drill Ann had nothing positive for option holders. Shareholders much heralded path to production yet weeks to months away.
    No depth progression on the wildcat as predicted they spent a week on POO and logging and running, cementing and testing a casing. So zero chance of a significant ann by the 5th. So sold 2m heads on Thursday after the ann and 5m more yesterday.
    Every day without production costs MAY shareholders dearly, forget see saws. A globally significant discovery necessitates a commensurate response. Until we get that the SP will flounder. Again as predicted.
 
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