MAY 2.44% 4.0¢ melbana energy limited

Ann: Block 9 - Early Production and Spud of Alameda-3, page-17

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    They had to P&A A1 (which they have confirmed) and have no doubt been chatting to McDaniels (watch for a further ann on the resource estimates). A2/1B is on the high side of expectations, so expect a bullish independent estimate (which could lift the SP).

    Good to see the usual plonkers appear with call for an CR. When you see silly comments like that, you know it is time to buy some. Good bellwethers.

    (PS: traders taking money off the table presenting good opportunities in the low 7's IMO).

    Kit.
    Last edited by Kit67: 20/09/23
 
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