MAY 5.26% 3.6¢ melbana energy limited

Ann: Alameda-1 Drilling Update, page-27

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  1. 880 Posts.
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    I guess at the end of the day what investors are expecting to hear is a definite and confirmed oil finding. The results to date, although of positive and encouraging nature, are still subject to uncertainties, guesswork and investors will be cautious until wire logging is conducted and results assessed.
    The drawback for those who are waiting is that SP may rise and it will cost them more to join MAY bonanza.
 
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