MAY 3.13% 3.3¢ melbana energy limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-29

  1. 3,462 Posts.
    lightbulb Created with Sketch. 793
    there is independently verified oil in place on the upper structure an “exploration well” was used to determine this (not a production well). further confirmation of OIP from the lower two structures are to follow. How we will further verify / monetise this will be announced by the company in the coming weeks. The above makes MAY more valuable than it was Pre drill. Nothing is junked except perhaps your credibility by writing in such an aggressive and personalised tone.

    Body language???! Are you serious? you may as well give investment advice by reading people’s palms
    Last edited by mwatts: 30/04/22
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.