MAY 3.13% 3.3¢ melbana energy limited

Ann: Preparations underway for start of Zapato-1 exploration well, page-150

  1. 2,164 Posts.
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    Yes your exactly right worst case scenario seal off and abandon both alameda and Marti and produce from the upper sheet. Anyway management needs to be proactive they've left so much innuendo and guesswork from the layman to interpret on the table I'm not surprised the panic merchants have taken control today the sharks are having an absolute field day there's blood in the water and they are accumulating and getting ready for the next leg up.

    I sold some shares at 13 to get onto another play, which seems well timed and the people who decided to free carry or convert options to shares are stress free to short term fluctuations so cannot fault them either.
 
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