MAY 6.67% 3.2¢ melbana energy limited

Ann: 2023 AGM Presentation, page-10

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  1. 6,626 Posts.
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    Lol that is not what it says... It just told you what is happening over the next 6months, not what is starting in 6months time. English has never been your forte.

    Which is bullish, as that means we can expect Alameda-3 to be completed within 6months, and considering this A3 well will take ~120-160days, that means they need to at least start by December 2023. (it shows you how long it will take on page 18: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02740805-3A630953?access_token=83ff96335c2d45a094df02a206a39ff4)

    It was an exceptional presentation and it reiterated that Alameda-3 is to be drilled after Alameda-2.
 
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