MAY 6.90% 3.1¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-949

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  1. 4,927 Posts.
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    Do agree there that everything with these Oil and Gas stock are based on probabilities. The probability of MAY drilling again end of Sept early Oct, after past Sherritt experience with drill time, mobilising demobilising and the BS AP fed everyone after they lost the rig after Zapato for nearly a year Its more likely new year.

    And accounting look at the half yearly and its even clearer to me the way the accounting is working. The yearly will tell it all in probably a months time it is released with the remaining trade payables to Sherritt and cash owing to MAY.
    Last edited by Gharp: 22/07/24
 
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