MAY 4.35% 2.4¢ melbana energy limited

Ann: Quarterly Activities Report and Appendix 5B, page-12

  1. 12,884 Posts.
    lightbulb Created with Sketch. 1848
    A quick look over the Qty numbers .. I see MAY gained A$1.45Mill over the Qty from Interest on funds at the bank + weaker AUD (most of the Capital must be held in USD at the Bank?)

    $3.8mill outgoings for exploration net to MAY ( Sonangol fronted $8.47mill)

    $1.5Mill Admin/corp/staff ...

    A$31.22mill Cash held at the bank ..

    Certainly well funded till the larger development plan of Cuban Discovery comes into the picture





 
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