MAY 4.35% 2.2¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-241

  1. 12,819 Posts.
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    well that was how it stood 31st MAR24 .. will find out in time later next month what we have left in the kitty and credit facility ..but yes SNGL might walk away from their 70% and see the capital investment as a write-off ..

    MAY would once again be 100% block 9 holders ..or will SNGL want to move forward and inject millions more into muti production wells in the 1B and hope to see a return on the investment.. if so MAY will be doing more CR sooner than later ..
 
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