MAY 4.35% 2.2¢ melbana energy limited

Ann: Block 9 - Maiden Contingent Resources, page-98

  1. 13,101 Posts.
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    IMHO this is going to be key to a major re-rate in the SP.

    "An initial field development plan for this relatively shallow/higher quality Unit 1B oil is now being finalised for partner and regulatory approvals with the goal remaining to export the first cargo before the end of 2024.”

    Market needs to see this plan ASAP going off presentations

    https://hotcopper.com.au/data/attachments/6056/6056490-3f2fa4f316ea47b5d90f201118023660.jpg



    ..at present Insto/sophs etc are sitting on their hands ..whats the hurry if the SP isn't moving...
 
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