MAY melbana energy limited
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Ann: Block 9 - Maiden Contingent Resources, page-15

  1. mickeebee
    4,334 Posts.
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    25/03/24
    11:16
    Post #: 73040620
    luv the update!!!
    https://hotcopper.com.au/data/attachments/6055/6055289-15d24a1522e66090baf51b3d67a4b82b.jpg

    very slow going though.....thoughts on why the slow rate of progress???

    "Drilling ahead continues in 8-1/2” hole and is currently at 3120 metres MD enroute to the first coring point planned for 3211 metres MD, after which drilling ahead will continue to the final planned casing point in the seal above the Marti Structure, planned for ~3586 metres MD."

    12 March 2024: 3045mMD
    25 March 2024: 3120mMD

    13 DAYS!!! 75M!!! BARELY ~6M A DAY!???!!
    MAY Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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