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3.1¢ melbana energy limited

Ann: Q2 FY2023 Appendix 5B and Quarterly Activity Report, page-36

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articulix

646 Posts.

115

23/01/23

19:00

Post #: 65838299
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Originally posted by Gharp: ↑

They are burning 5 million in a quarter for the past 2 quarters this is going to double to possibly 10million as they are now up for 30% of the costs of the well instead of 15%.

Options conversion saved them from another raise for possibly 6-8 months

Also looks like nothing will happen with the Australian Royalties as the operator looks undecided if they are even going to proceed. Handed back one permit and trying to delay the other

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Honestly where do people such as yourself find your information or come to your conclusions. It isn't based on fact and reason or experience.
I find it fascinating.

MAY Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.1¢		Change 0.000(0.00%)		Mkt cap ! $104.4M

Open	High	Low	Value	Volume
3.2¢	3.2¢	3.0¢	$37.40K	1.206M

Buyers (Bids)

No.	Vol.	Price($)
6	416665	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	719197	7

View Market Depth

No.	Vol.	Price($)
6	416665	0.030
9	783228	0.029
13	4582058	0.028
5	753740	0.027
5	1187999	0.026

Price($)	Vol.	No.
0.032	719197	7
0.033	478000	5
0.034	1275000	4
0.035	1140000	2
0.036	333750	2

Last trade - 16.10pm 28/10/2024 (20 minute delay)

MAY (ASX) Chart