MAY melbana energy limited
Add to My Watchlist 9.52% ! 2.3¢

Ann: Quarterly Activities Summary Period Ended 31 March 2025, page-107

  1. justinmetals
    8,401 Posts.
    lightbulb Created with Sketch. 1707
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    09/05/25
    17:04
    Post #: 78986520
    Yeah, I just noticed my sentiment was hold. It’s a buy. If A1 is now >500bpd and the update is good with updated field development plans including 3D, updated drilling program and details of first cargo plus offtake it’s going to head north pretty quickly and test 3.5. Following A2 >1500bpd straight back to 8c then 15c on a similar A3 result. Could easily be producing 5-7k bpd by years end with A4,5,6.

    The future beckons.
    Last edited by justinmetals: 09/05/25
    MAY Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.3¢ 		Change
0.002(9.52%) 		Mkt cap ! $77.51M
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No. Vol. Price($)
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Price($) Vol. No.
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