MAY 4.17% 2.3¢ melbana energy limited

Ann: Total depth reached at Zapato-1ST, page-284

  1. 3,599 Posts.
    lightbulb Created with Sketch. 1914
    Alexei ii,

    I spoke to one of the managers in Sydney earlier today to clarify a few things. You have hit the nail on the head behind the reasoning of suspending zapato. It stems from the fact that it's all based on reprocessed old seismic which therefore has some data quality issues. They are waiting on the final bits of information from logs and then they can start to move forward with plans here and elsewhere in the block.

    The person I talked too has also hinted at additional upside that is in the early phases. Also that the carbonates are likely/potentially linked and hence traps are potentially globally significant and hence why they were chasing deeper to determine that at zapato.

    The amount of fractures encountered in the opholites has been a surprise to them at the lower sections and this might touch on some potential upside at Motembo style traps.

    best of luck holders
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.3¢ 2.4¢ 2.2¢ $61.98K 2.702M

Buyers (Bids)

No. Vol. Price($)
4 753326 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 2582136 17
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.