MAY 5.56% 5.7¢ melbana energy limited

Ann: Alameda-3 Drilling Update, page-31

  1. 3,090 Posts.
    lightbulb Created with Sketch. 1019
    Onshore Australia is very different geology
    Mostly alot shallower and sands.
    The only real place/comparison with similar depths are the PB and some in the NT.
    This is the second time to depth here, as they gain more experience they'll get quicker, but the risks of loosing control area real here hence the kicks, slowly slowly
    To add, this is a complex drill, once they prove it up its then a matter of a well design to target a specific zone, eg Alameda/Marti or both
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
5.7¢
Change
0.003(5.56%)
Mkt cap ! $192.1M
Open High Low Value Volume
5.4¢ 5.8¢ 5.4¢ $144.5K 2.570M

Buyers (Bids)

No. Vol. Price($)
8 1601115 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 979319 4
View Market Depth
Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
Last
5.7¢
  Change
0.003 ( 5.56 %)
Open High Low Volume
5.4¢ 5.8¢ 5.4¢ 1070083
Last updated 15.15pm 31/05/2024 ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.