MAY melbana energy limited
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Ann: 2024 AGM Chairman Address and Company Presentation, page-55

  1. Kit67
    8,420 Posts.
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    20/11/24
    11:14
    Post #: 76690517
    The company has stated - very clearly in previous announcements - that the service rig is already in Cuba. The delays - from Canada - of new equipment (presumably belonging to Sherritt, who are Canaks) most likely relates to the new drills (Alameda2, etc.). The pads are not complete in any case, so these delays are not consequential at this point in time.

    Workover (service) rig and acids (etc.) will arrive "imminently". Company will announce this shortly imo. As a side bet, I reckon by 30/Nov we will hear more.

    Kit.
    MAY Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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0.002(9.52%) 		Mkt cap ! $77.51M
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