> During the quarter the Company’s Executive Chairman acquired 400,000 shares on market and theChief Operating Officer was awarded 16,115,750 performance rights under Melbana’s Long TermIncentive Plan.
> McDaniel are now finalising their work on Unit 1A, the shallowest unit of the Amistad structure.
> differentiated into Unit 1A, Unit 1B, Unit2 and Unit 3. The McDaniel resource update only concerns the Unit 1B reservoir containing the betterquality and most easily exploited oil.
> Melbana asked McDaniel to prioritise its assessment of Unit 1B given it had the highest quality oil thatflowed unassisted to surface and is the target for the first stage of Melbana’s field development planfor Block 9.
Now we konw where development will begin first, Unit 1B.
> During the quarter the Company’s Executive Chairman acquired...
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Last
5.3¢ |
Change
0.003(6.00%) |
Mkt cap ! $178.6M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.0¢ | $154.8K | 2.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 113206 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.003 ( 4.33 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.4¢ | 5.0¢ | 1347067 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| MAY (ASX) Chart |