MAY melbana energy limited

Ann: Change of Director's Interest Notice - P Stickland, page-13

  1. 8,460 Posts.
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    SP looks like it wants a 3 in front of it again.

    Development of A2/1B, further confirmation of reserves from McDaniels, discussion about remediation, pad development, engagement of Sherritt-1, off-take agreements, and confirmation of timelines. All things that will eventuate over the coming weeks and months that will underpin the SP. Spud again into 1B (off Pad2) and I think we can see a gradually recovery in the SP. Extrinsic well short of PVA of reserves, which will de-risk once we have A2 flow confirmation and additional access into the upper sheets.

    Not a trader stock, but a nice, steady climb from here imo.

    Kit.
 
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2.6¢
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