MAY 3.45% 3.0¢ melbana energy limited

Ann: 2023 Annual Report to Shareholders, page-72

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  1. 7,979 Posts.
    lightbulb Created with Sketch. 1556
    I can feel a resources upgrade drop any day. CM hinted as much during RIU talk..

    A2 was a total success logs, cores, on time, on budget - novel in the industry. I think CM said it was science-tastic

    A1 = 100m net pay @ 5% recoverable for
    119M BBL _ 100%
    36M BBL _ 30%

    A2 = 346m (600m effective) net pay @12.5% recoverable for

    1785 BBL _ 100% (14.24B BOIP)
    535M BBL _ 30%

    This is just the upper sheet…

    The future is Cuba
    The future is Melbana
    Last edited by justinmetals: 27/09/23
 
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