MAY 4.65% 4.1¢ melbana energy limited

Exactly! And no tools got stuck during logging (so borehole...

  1. 59 Posts.
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    Exactly! And no tools got stuck during logging (so borehole conditions appear fine and no extra expense to fish tools out...so good job!).

    The SP falling sharply after such a quick rise (and an announcement, regardless of what the announcement says) is not new. Fundies will take profits when it hits target. Even if it is just to prevent one stock position becoming too large for whatever their limit is. Stock standard.

    3 separate pay zones, all had oil over shakers, last one overpressured so couldn't get logs to it...couldn't believe it hit 10.5c, tried to buy greedily at 10.5 but ended up only getting it at 12c yesterday. Still extremely happy with my 12c buy though!
 
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