Ann: Trading Halt, page-26

During MEL's trading halt, I took a look at the past 3.5 years of critical activities and MEL's SP performance.

All my view/assumptions of course, but after an initial MEL SP drop to the new Cap. Raise price, followed hopefully by only a modest regal-type selling into positive news by the Insto involved, I am hoping for a sustained increase in MEL's SP spurred on by;

1. Vali-3 net pay announcement.
2. Vali gas field, post Vali-2, 3 resource upgrade.
3. Post Odin-1 resource announcement.
4. Given the excellent Toolachee gas pay result in Odin-1, I feel that the JVP will initially production test the Toolachee Formation in Odin-1 rather than the Patchawarra since it is possible that Toolachee will not require hydraulic stimulation and may flow at higher rates than the Patchawarra. It is likely that a test of the Toolachee in Odin-1 will flow at over 8-10+ mmscf/d when compared to analogues in the area.
5. Given the excellent Toolachee gas pay result in Vali-2, I believe the JVP will also want to establish sooner, rather than later, the potential, unstimulated rate from Vali-2. The Toolachee in Vali-2 also has the potential to flow at 8-10mmscf/d.
6. Successful completion of Odin-1, Vali-1ST1, Vali-2, Vali-3 as future gas production wells.
7. FID decision
8. GSA
9. ATP 2020 farm-out announcement
10. etc.

Apart from a Cervantes announcement, anything of material interest to get MEL's SP moving in the right direction?

Kind regards OldGeo