MAY melbana energy limited

Ann: Annual Report to shareholders, page-8

  1. 4,045 Posts.
    lightbulb Created with Sketch. 496
    Kit

    read it again. They just admitted resovoir damage ( new) and its their fault ( new). We never knew what was causing the choke off to 300bopd, i guessed and mate fixing or trying to remdiate resovoir damage is not just acid squeeze in a blocked hole. This is major and the drill teams caused it there is no escaping that and most likely adds 2yrs onto a return for some those above 10 longer.

    how can anyone say nothing new? Am surprised he told the truth at last albeit at 530 on a friday last possible day of reporting why did he do that? Cunning ? No, not at all as folk absorb this for what it is.

    am pissed ,


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.4¢
Change
0.000(0.00%)
Mkt cap ! $80.88M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $26.10K 1.095M

Buyers (Bids)

No. Vol. Price($)
6 904997 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 398900 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.