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3.1¢ melbana energy limited

Ann: Block 9 - Early Production and Spud of Alameda-3, page-63

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Gharp

4,875 Posts.

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20/09/23

12:08

Post #: 69934168
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Originally posted by H18: ↑

My initial reaction here was a fluff piece but I don’t think it is.

Production of 1B has gone from “could” to “will”. Also stating a great way as they say to test the commercial and logistical processes which is very sensible!

It’s interesting they had another look at A1, I wonder if they were looking to see if they could reengineer it to more rapidly access the lower units or produce from it. Perhaps an option again further down the line. And something too complicated to divert resources to currently.

A3 spud time is a bit disappointing but it’s a few weeks and at the end of the day. Who knows perhaps they surprise us with an early start!!!

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Crazy isn't is this share price was pumping in January when the spud was like 3 months away on the secondary target now its only 5 weeks away on the actual primary goal and people are going to flake out

MAY Price at posting: 7.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.1¢		Change 0.000(0.00%)		Mkt cap ! $104.4M

Open	High	Low	Value	Volume
3.2¢	3.2¢	3.0¢	$37.40K	1.206M

Buyers (Bids)

No.	Vol.	Price($)
6	416665	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	719197	7

View Market Depth

No.	Vol.	Price($)
6	416665	0.030
9	783228	0.029
13	4582058	0.028
5	753740	0.027
5	1187999	0.026

Price($)	Vol.	No.
0.032	719197	7
0.033	478000	5
0.034	1275000	4
0.035	1140000	2
0.036	333750	2

Last trade - 16.10pm 28/10/2024 (20 minute delay)

MAY (ASX) Chart