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6.25% 3.0¢ melbana energy limited

Thanks Spitfire: I understand what you are expressing, not sure...

  1. Justlocal
    747 Posts.
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    21/09/18
    16:43
    Post #: 35760946
    Thanks Spitfire: I understand what you are expressing, not sure the wording of the announcement reflects that but happy to wait for the next 3B notice to confirm.  The placement also doesn't seem to be enough to repay of the US 2.5 m loan +15% so come 10th January as well as its stated aims.  I hope the farm out is completed before then and there is enough cash banked from it to pay the loan back and some!   Cheers! 
    MAY Price at posting: 2.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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