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4.55% 2.1¢ melbana energy limited

Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-388

  1. Paddie5
    1,150 Posts.
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    29/08/23
    17:40
    Post #: 69619223
    I couldn’t agree more. Under 8c after flowing 1200 barrels a day unassisted, it should be double of where it is now.

    Yesterdays announcement has ticked a lot of boxes. Let’s hope we get this producing asap and once the dollars start rolling in and with a reserves upgrade, we should see the share price rerate and significantly.
    MAY Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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