MAY 4.35% 2.4¢ melbana energy limited

Ann: Cuba, Block 9 PSC Update on Alameda 2 appraisal well, page-247

  1. 4,601 Posts.
    lightbulb Created with Sketch. 242
    Mate fair dinkum can you read.
    The announcement clearly states that the 3rd party using the rig that was supposedly parked up, well that's what the BOD led us to believe,
    PROJECTED to FINISH IN THE 3RD WEEK OF MARCH.
    Now the if buts and maybes - If the 3rd party strikes any trouble on that drill guess what ?
    Where are the 3rd party drilling and who are they. Nothing clearly stated.
    Why did the BOD not let us know the drill was in use as clearly this didn't start yesterday.
    I got shouted down when they went after Zapato as i could not fathom why when we damn knew oil was here and why didn't we fast track this DISCOVERY. Things go wrong in drill campaigns regularly.
    We are shareholders and it's our money there spending so i want the facts behind this fiasco.
    I will lay you odds that there is a better than even chance that the drill won't hit the dirt until after April.
    If all goes to plan it's still a minimum 5 weeks away.
    Won't matter in the long run you say well if your happy to keep being led down the garden path as the bod piss our money up against the fence
    then you very forgiving or plain naïve.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.001(4.35%)
Mkt cap ! $80.88M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $68.51K 2.960M

Buyers (Bids)

No. Vol. Price($)
4 338720 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 2244796 10
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.