MAY melbana energy limited
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Ann: Block 9 - Maiden Contingent Resources, page-98

  1. Sharetrader78
    14,405 Posts.
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    25/03/24
    15:22
    Post #: 73046152
    IMHO this is going to be key to a major re-rate in the SP.

    "An initial field development plan for this relatively shallow/higher quality Unit 1B oil is now being finalised for partner and regulatory approvals with the goal remaining to export the first cargo before the end of 2024.”

    Market needs to see this plan ASAP going off presentations

    https://hotcopper.com.au/data/attachments/6056/6056490-3f2fa4f316ea47b5d90f201118023660.jpg



    ..at present Insto/sophs etc are sitting on their hands ..whats the hurry if the SP isn't moving...
    MAY Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch.  Great analysis
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