MAY 10.3% 3.2¢ melbana energy limited

Ann: Block 9 Early Production Testing Update, page-288

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  1. 4,668 Posts.
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    As to Zapato it was one of the worst examples of tactics I have been affiliated with in 40 yrs on the ASX"
    and is the reason why the SP is where it is today."
    Zapato is not just historical, it is very pertinent to today and next week."


    ... imo this may not be the main reason on the share-price ... to put it simply [need to on these threads] ... example -

    ...- if last reported API was higher, so may the share-price follow higher ... how much higher the market may decide.

    ... whether or not the rig drills here or there I have no comment, as that's for holders to debate ... but general completion comments on reported operations I may comment on ... how the market handles MAY is of great interest imo ... as this won't be the last ASX oil play drilling and with what has been reported thus far, maybe considered amazing to be trading at current levels ...

    ... ZAP the well in question maybe of great value for field evaluation and this all may assist the office to plan holes ...

    ... MAY - imo huge plus the MAY MD may know exactly what's required something like 'main-game lighter-crude'
    Last edited by Linebacker11: 07/11/23
 
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