MAY 3.13% 3.3¢ melbana energy limited

Ann: Preparations underway for start of Zapato-1 exploration well, page-128

  1. 3,657 Posts.
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    Yes agree re: MAYO - cutting too close now. The new well starts as at end of May and it is stated to take 55 days (as per quarterly) on a trouble free basis. This puts us as at end of July if everything goes smoothly. Any delay and you are seriously looking at expiry date of the options!!
 
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