MAY melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-139

  1. 2,541 Posts.
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    Geez calm the farm people. Testing 3 units in this upper sheet. This upper section will be relatively easy and at low cost then onto the next well that had extreme pressure deeper than this well. People are carrying on like there’s nothing there.This is one unit of three. If you’re trading then you’re not interested in any company building it’s worth let alone discovery of a billion barrel plus area. And flamflopper let this b a lesson to you once they have flow tested this entire well. It would literally take them three months to have multiple shallow wells pumping for decades in this upper section. 1a 500m deep for kilometres wide a water bore truck can drill it and drop the pump in, multiple times let alone from Marti. Discover the resource, Test the resource and develop. Stage 2 halfway there Anyway anyone in this game knows the development is a pittance in retrospect and if you haven’t got a timeframe in trading your $500 bucks day in day out it’s all good. Happy with the progress so far although as a trader I would be concerned that you lost a couple of hundred bucks lol
 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $39.98K 1.759M

Buyers (Bids)

No. Vol. Price($)
11 3120380 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 207741 5
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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