MAY 40.9% 3.9¢ melbana energy limited

Ann: Alameda-1 Drilling Update, page-637

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    Losses at TPIT is 80k today. Not a big issue. I have no intention of selling anything until after EOFY. A lot can reverse in 1 day let alone 9 weeks. It would be nice to have a good flow test and some guidance on resource discovery but these will come IMO. I know it’s hard to stay calm and focused on the big picture but to be honest these reversals don’t phase me much, the oil is there, sooner or later it will be exploited.
 
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