MAY melbana energy limited

Ann: Block 9 Alameda 2 Increase in Net Pay, page-162

  1. 8,417 Posts.
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    Riddle me this:

    The announcement says:

    1. "Logging of Unit 3 complete. Log results throughout generally of good quality..."
    2. "Logs for Unit 3 are still being analysed"
    3. "Flow testing of Unit 3 expected to commence by the end of the week".

    So,

    (a) What does "generally" imply? Does that imply that there was a problem (of sorts) with the U3 logs?
    (b) If they released U2, U1B, and U1A logs (today), why didn't they release the U3 log today? (my understanding was that they would log all the units at the same time, and then flow test from 3 backward (i.e. 3, 2, 1B, 1A). So why exclude the U3 log data and include the net pay in today's revised estimate.

    Thoughts???

    Curiouser and curiouser.

    Kit.
 
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