MAY 4.35% 2.2¢ melbana energy limited

Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-324

  1. 6,481 Posts.
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    I also thought it was highly suspicious that they managed to tick every box, api (higher), successful flow test, flow rate, etc... especially since above and below this level was tested and provided dissimilar results.

    but... if what they wrote is the truth, then they must report it. Writing "higher api" was just a fact they needed to report, if it was true.

    Yes, I did sell some in the 9's, but that is only because it was going down, not because I don't see increasing future value in the company.
 
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