MAY 6.00% 5.3¢ melbana energy limited

Shills pluck excuses from the air like rig maintenance,...

  1. 3,485 Posts.
    lightbulb Created with Sketch. 1057
    Shills pluck excuses from the air like rig maintenance, contractual obligations and permitting. These have been comprehensively dispelled by none lesser than AP himself (to his credit ) and Errol. I think he has observed and learned the hard lesson of exploration over a GSD; he won’t repeat it.
    On the issue of 3D, this is very much required for field development in a multi folded geology. As I forewarned, not deferring Zapato until post 3D was critical to what has become a disaster for SH. The question of 3D at depth is countered by 2d below 1000m. So 3D needs to be considered holistically on a whole of field view. Not just Zapato. The disaster and consequences of Zapato would probably have been avoided by 3D, specifically not a suspended well, arguably the worst outcome.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
0.003(6.00%)
Mkt cap ! $178.6M
Open High Low Value Volume
5.4¢ 5.4¢ 5.0¢ $154.8K 2.985M

Buyers (Bids)

No. Vol. Price($)
1 100000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 113206 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
5.3¢
  Change
0.003 ( 4.33 %)
Open High Low Volume
5.4¢ 5.4¢ 5.0¢ 1347067
Last updated 15.56pm 03/05/2024 ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.