MAY melbana energy limited

Ann: Investor Webinar Presentation, page-252

  1. 3,514 Posts.
    lightbulb Created with Sketch. 1142
    Finally got a chance to sit and listen to the webinar
    Big pick-ups for me:
    ●2D is sufficient to keep the drilling rig/rigs busy
    ●3D is need to increase our resources foot print (it sounds or is suggested that it'll be substantial
    ●3D is needed to help guide lateral drilling (good news)
    ●Recovery factor of 5% is generically used, it sounds or it was hinted that we will see a much higher % than this by using new technology along with what Errol dropped in (this is different rocks) hint hint
    ●Multiple drilling rigs needed, hint hint

    Spud in a month or so, sounds all good to me
    Prime time
    Last edited by Kangaroos67: 25/02/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $12.33K 551.9K

Buyers (Bids)

No. Vol. Price($)
17 4165970 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1466587 6
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.