MAY 0.00% 2.3¢ melbana energy limited

Ann: Block 9 - Early Production and Spud of Alameda-3, page-122

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    During this standby period deliveries of all necessary inventory and equipment will be made to
    site to enable spud of Alameda-3 in November (see Figure 1) That takes 6 weeks?. These should have been onsite already. On standby, why? I dont believe the old chestnut "for rig maintenance". The last time they trotted that out it was a euphemism for the rig slot has been confiscated.
    Surprised he isnt going to slot in another wildcat or re enter his favourite time waster. Oh sorry, rigs on maintenance.
    But really good news today, there is always next year, like I said a few weeks ago. Or perhaps 2025. No hurry weve already wasted 16 months or 64weeks, whats another 52 weeks. Ask the 14m sold today and watch the SP slide ongoing. All this good news continuing we'll be back below 6c, as an Xmas pressie.
 
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