MAY 3.13% 3.3¢ melbana energy limited

Ann: Block 9 Alameda 2 Increase in Net Pay, page-377

  1. 880 Posts.
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    It will be interesting to see if Evolution capital will reevaluate Melbanas valuation and if yes, to what extent. Last valuation dated 31st July was at $0.23 following drilling update and quarterly report.
    Last report, dated 4th August, confirming net pay increase from 84 to 243 metres should propel valuation to a new high......I think.

 
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