MAY 6.06% 3.5¢ melbana energy limited

Alameda-3, page-255

  1. 10,171 Posts.
    lightbulb Created with Sketch. 1982
    Nah just stating the facts because AP cost me money:

    1. we now know AP told false statements about the oil flowing into tanks and selling for quick revenue to fund wells
    2. The well tests were a failure because the oil is too thick
    3. they now need to cap raise after Marti which is also heavy oil
    4. there farm in partner that owns 70 percent will not bear the costs of additional wells as part of agreement because the wells don’t flow with horizontal wells done apparently and they needed a successful well as part of the agreement to begin well sharing

    AP should host a webinar and answer “did he know the above before coming into the drill” which apparently from last webinar he did. So “why then did he mislead the investors that the oil will easily flow for quick money” once he answers that then I’ll leave the forum
 
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