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5.26% 3.6¢ melbana energy limited

Ann: Drilling update at Alameda-1 - Strong oil shows, page-159

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  1. bratty
    1,755 Posts.
    lightbulb Created with Sketch. 501
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    02/02/22
    21:00
    Post #: 59312840
    We will get to assess that statement on the 8/9/22 I guess. If the oil is lighter the recovery and value could increase the SP dramatically.
    As for the SP stagnation, nobody had factored in a 6 week hold on drilling, which saw a sell off due to increased risk and time imo.
    How things can change in the blink of an eye.
    So much to look forward to here.
    MAY Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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