MAY 4.69% 3.1¢ melbana energy limited

@ Hawarani. Very best of luck with your 6 month expectation. We...

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  1. 85 Posts.
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    @ Hawarani.
    Very best of luck with your 6 month expectation. We might be struggling to receive payment on domestic sales, I guess that's the reason why there was no mention of domestic sales in the last webinar only export sales. Hopefully Sonangol / Angola resignation from OPEC has a positive outcome for our export sales. If the share price is to double new shareholders need to come on board but they will probably wait untill the logistics is sorted.
    Sonangol have the ability and resources to fund a pipeline. Do we offer to reduce our 30% stake to 29% for our contribution to the pipeline. We need volume in sales to build this discovery. If production was matched to the existing Cupet Amistad pipeline which is 65km from Marti the volume would be more than 100.000 B/D the annual volume would be 36.500.000 + barrels. How many Billion of barrels do Mc Daniels estimate we have now? GLTAH
 
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