MAY
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3.33% 3.1¢ melbana energy limited

Ann: Block 9 - Maiden Contingent Resources, page-386

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  1. shanghaiguy
    964 Posts.
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    11/04/24
    21:31
    Post #: 73303872
    MAY really needs to organise the 3D as soon as the drill has been completed, however they have gone quiet about this. Could this indicate their main priorty is to get this drill program out of the way then depending on results farm out part or all of their 30% to an international player?

    Surely a long-term strategy could offer the better chance for maximum returns for any long holding shareholders.
    MAY Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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