MAY
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0.00% 2.6¢ melbana energy limited

Upon further reflection, their estimated drill time was twice as...

  1. Smiteoff
    543 Posts.
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    31/12/23
    18:26
    Post #: 71677254
    Upon further reflection, their estimated drill time was twice as long as the actual drill time shown in the chart from their webinar. (Took them 4 days to get to the casing point instead of the estimated 8/9.)If they maintained this rate, the second casing will now have been finished, meaning flow tests could be happening very soon.

    All just guesses based on the information provided to us. Could always be completely wrong.
    MAY Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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