MAY melbana energy limited

JM, I am not like you and blame AP for where we are at. I...

  1. 1,202 Posts.
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    JM, I am not like you and blame AP for where we are at.
    I believe that someone from within the industry would have drilled 12 months ago and we would all be better for it. AP is reliant on his staff and doesn't have the ability to make a call one way or another without the guys who are being paid a fortune and have led us to where we are now.
    Why aren't we drilling the next well until the end of next month when they have had so much time to prepare for it?
    From memory 250,000 barrels required for a shipment, MAY have produced 10,000 barrels. Another 240,000 barrels at 488 per day is another 490 days before we fill a ship FFS.
    No wonder the market isn't impressed as I am not as well..
    Remember that we were going to ship our first load of oil at the end of 2024? Go figure?

 
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2.4¢
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Mkt cap ! $80.88M
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Price($) Vol. No.
2.5¢ 1967771 11
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Last trade - 15.22pm 13/06/2025 (20 minute delay) ?
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