MAY 4.17% 2.3¢ melbana energy limited

Ann: Zapato-1ST Drilling Update, page-124

  1. 6,488 Posts.
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    I'm back in. This "belief", is a pretty strong statement, saying there "must" be a productive hydrocarbon zone.
    “We continue to persist with the drilling of Zapato-1 as we believe there must be a productive hydrocarbon zone underneath the volcanics we’re drilling through, given the light crude that existed in the shallow section at Motembo." Source: 17/10/2022, ASX:MAY, Zapato-1ST Drilling Update

    Whilst I don't actually share this belief, at the very least 3150m total depth is approaching and the Alameda plan is about to be unveiled. Massive value was mine for the taking.
 
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