MAY 6.06% 3.5¢ melbana energy limited

Flow like the clappers was in reference to Marti. The pressure...

  1. 3,603 Posts.
    lightbulb Created with Sketch. 1099
    Flow like the clappers was in reference to Marti. The pressure was so high OIL not H2o pushed past the cement plug in Al1, so the oil and pressure will both be available in Al3 but it sounds like they overcompensated and IMO the slotted liner doesnt help. Until I hear they have actually commenced testing Alameda I am going to assume they are in a holding pattern and will attempt to get Marti flowing again. It's semantics maybe but the term preparing doesnt mean that much. We waited 6 weeks for bentonite in Al1 and a further 2 months waiting for a high pressure separator before Al3, so a few weeks for a prize like Marti isn't a big deal. Anybody who thinks AP will be open and tell us exactly what he is up too, just doesnt know AP.
    Thanks for that input Roo, it sounds like its possible but overly complex so I'm going for a remedial attempt but expect to be left in the dark guessing like everyone else.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
0.002(6.06%)
Mkt cap ! $117.9M
Open High Low Value Volume
3.3¢ 3.6¢ 3.3¢ $577.5K 16.92M

Buyers (Bids)

No. Vol. Price($)
5 1018559 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 1521853 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.