MAY 6.67% 3.2¢ melbana energy limited

Ann: 2023 AGM Presentation, page-127

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  1. 969 Posts.
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    I understand that they can get 1000b/d from verticals, however if they can get 5 x this on a horizontal then the payback will be way better in the long run. Financially much more rewarding. Did anyone discuss this at the AGM? Is it simply down to a funding issue or to prevent SH dilution? If so, then why not just say so.

    Indeed, sit back and enjoy the (rollercoaster) ride!
 
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