MAY 3.85% 2.7¢ melbana energy limited

Ann: Response to ASX Query, page-42

  1. 3,135 Posts.
    lightbulb Created with Sketch. 1040
    With respect
    Thats rubbish and i agree with Feral54 on this occasion
    Ive worked in the industry longer than i should've.
    If a side track is agreed upon due to bottom hole conditions, the decision isnt made in minutes its made in several hours to days and is normally made during the time your trying to pull out of hole
    Theres ample time to inform the market what the scenario is and what the plan or plans are.
    This is mismanagement of share holder information.
    If he was transparent and gave regular updates we would see more volume in our registry and thus more protect when announcements good or bad are announced.
    We are trapped by scaremongering and speculation due to low volume
 
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