MAY 3.85% 2.7¢ melbana energy limited

Ann: Response to ASX Query, page-44

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    The way I see it:
    On the one hand there's an inevitable amount of bump and grind going on - causing things to move cautiously, slowly - I don't need updates on every twist and turn of the drill bit.

    On the other hand there may be significant issues - causing rethinks and delays - these should be reported as they can cause major time blow-outs on the schedule.

    Meanwhile the market will do its own thing either way. This stock has a high degree of 'flighty' shareholders. Causing the SP to be inherently unstable. The only way to get to stability will be to get to commercials of some kind.

    Production is set for 2024. Not long till we get a commercial plan.
 
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