MAY melbana energy limited

Ann: Block 9 Operations Update, page-107

  1. 8,399 Posts.
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    Spud Sunday imo. Ops update Monday PM or Tuesday AM to confirm (not ASX Ann as this is within forecast timeframes). Will need to wait about 3 weeks (circa 21/6) for any type of news that will have a major impact. Easily to add 1 week to any of these dates: Melbana don't own watches or calendars. Proven fact.

    Buy. Hold. Sleep. Patience required here. A reasonable, sustained flow from Ammy-2 and we are back in business. It will not only add to daily production but - more importantly - will show that the Melbana Mix (mud) works, and that lessons have indeed been learnt. A reasonable flow from Ammy-2 will prove that the model works, and set us up nicely for the second half of 2025 (and perhaps 2-3 more drills).

    Regards
    Kit
 
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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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