MAY 45.9% 3.3¢ melbana energy limited

Hi All,For those interested, I'm Posting my summary comments...

  1. 329 Posts.
    lightbulb Created with Sketch. 7123
    Hi All,

    For those interested, I'm Posting my summary comments from the ASX 18/12/23 & the Webinar 20/12/23. A bit late and many topics have been discussed by other Posters but IMO a few issues need emphasizing.

    In Slide 1 I've "merged" the Alameda time vs depth plan (from Webinar Slides) & the Alameda-3 drilling time intervals (from ASX 18/12/23).

    Points in Slides 2 & 3 refer to the points in Slides 4 to 7 and Slide 8 is referenced in Slide 3 Point 9.

    IMO Key Points are:
    - The current Amistad focused development & production plan is at this stage a very low ball ambition - Points 1, 3 & 7.

    - Point 5 - appears from AP's comments that the JV & Cupet are in agreement for Unit 1B oil to be exported & Point 6 all required Permits for export are already in place.

    - Point 8 - sounds as though AP has already got his exit plan for the Project well in mind - telegraphing it??

    - Point 9 - from A-1's results would strongly expect the Unit 3 reservoir to flow to surface in A-3.

    - Point 11 - sounds as though MAY & the Certifiers people are on the same page with respect to including fracture porosity in the Amistad reservoirs - would very much expect this to be the case.

    GLTAH
    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/5878/5878014-0b6d40f37bfea77032b011b01bc2656d.jpg


    https://hotcopper.com.au/data/attachments/5878/5878019-e58ae4848f793b933f89fbc916ff8c98.jpg


    https://hotcopper.com.au/data/attachments/5878/5878020-d3e4e5125b7d969c4e77dfefc61145e8.jpg


    https://hotcopper.com.au/data/attachments/5878/5878021-a060d07acd3312a29a7371d0906d7cdc.jpg


    https://hotcopper.com.au/data/attachments/5878/5878022-7f91a3cb20fd8e236ccbd0be5ca54cc5.jpg


    https://hotcopper.com.au/data/attachments/5878/5878024-9bb98bfc668d8e0d414264ce63c5381d.jpg


    https://hotcopper.com.au/data/attachments/5878/5878027-50f9f27c232bf6e9e354700b97daaa59.jpg


    https://hotcopper.com.au/data/attachments/5878/5878030-ad9493cdc020b5da25432cb5cf9091d9.jpg





 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
-0.028(45.9%)
Mkt cap ! $111.2M
Open High Low Value Volume
6.1¢ 6.3¢ 3.2¢ $3.849M 101.0M

Buyers (Bids)

No. Vol. Price($)
17 3966517 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 1034998 2
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.