MAY 9.09% 5.0¢ melbana energy limited

Melbana have done very well to secure a minimum 3 well farmout...

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    Melbana have done very well to secure a minimum 3 well farmout (subject to signed contract) .

    They should be credited for having done it in such a way that funding remains on a project basis and they don't have to raise serious amounts of cash which would dilute all other projects .

    Ultimately Melbana staff are going to be able to spend more time on other projects and adding new ones to the pipeline .
 
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