MAY 4.65% 4.1¢ melbana energy limited

While the forward plan (last I checked, please correct me if new...

  1. 94 Posts.
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    While the forward plan (last I checked, please correct me if new info has come up) is to take two cores, the marti sheet has a planned 180 metres of further depth to TD. While it's definitely possible that it could take longer due to pressures/complexities/etc, 180 metres can be chewed through very quickly if all goes to plan.

    Two weeks is definitely doable and surely Melbana is due a bit of luck to see one of these new sections completed without incident for once. Either way, really impressed with the actual program so far considering some of the challenges of the geology. Potential upside here is absurd for how much risk the market seems to be pricing in. Interesting month ahead. Good luck everyone.
 
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