MAY 4.35% 2.2¢ melbana energy limited

Does the entity expect to be able to continue its operations and...

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    Does the entity expect to be able to continue its operations and to meet its business objectives and, if so,
    on what basis?

    Yes. MAY has sufficient funds to meet its projected share of share (inclusive of an allowance for
    contingency) of remaining commitments to the Block 9 drilling programme.
    The balance of remaining
    commitments will be funded by the Joint Operations partner

    = no CR unless it's for good reasons such as forward production, which may be debt financed instead of financed by an equity raise.
 
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