MAY 0.00% 3.2¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-188

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  1. 3,626 Posts.
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    Unfortunately thats the last thing we need. Having indulged in 2 needless high cost ventures AP has left us very vulnerable. All Sonangol would need to do is set up a $100m capex and demand $30m from MAY and we would be really screwed. AP needs to do what he should have done which is put a few horizontals into 1b and get some income. I seem to recall someone calling for that.
 
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