MAY 3.23% 3.0¢ melbana energy limited

Ann: Total depth reached at Zapato-1ST, page-187

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  1. H18
    98 Posts.
    lightbulb Created with Sketch. 32
    Its because they were contracted to a two hole programme and had to complete that prior to appraisal wells.

    Im excited to see that they're heading back to A1. Drill rate was 100M PD over there so could be back in black in a month.
    Not too bad on the share price considering it was lower than this a couple of weeks ago. At this stage for me Its a hold until were bought out now.

    Oddly for a lot of people this may save them a lot of tax vs seeing the highest high very early with CTG. Its never good to not hit oil but I see a rosy few months from here.
 
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3.0¢
Change
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3.0¢ 3.0¢ 2.9¢ $98.24K 3.284M

Buyers (Bids)

No. Vol. Price($)
1 86990 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 181225 2
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