MAY 6.00% 5.3¢ melbana energy limited

The next drilling over the next months post Al 3 will be...

  1. 3,485 Posts.
    lightbulb Created with Sketch. 1057

    The next drilling over the next months post Al 3 will be determined by it. I don’t see the point of drilling multiple shallow wells into a formation, as step outs without 3d (more potential dusters) that require pumping or other encouragement to produce if the Marti or Alameda produce big volumes under pressure to surface. Putting more dedicated wells inside the known parameters without emphasising step out until post 3D would make most sense and I don’t give a flying duck about shills rig maintenance, permitting or contracts. AP can move these quickly when he wants too, which is the sole reason for Zapato. Foolishly AP turned his back on Alameda to pursue his Indiana Instinct and ego to find a second genie in a bottle when he should have turned for home and shouted to his missus, “we are rich”.
 
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.