TH has nothing to do with the N target. All about future drilling campaign.
Striking oil at the N target is a big bonus but its just as likely to be a sugar hit to the SP as it was last October. We need to see a sustained rise to take out that wanker at 3c! Broader market must believe Melbana have discovered commercial oil.
An appraisal well will achieve that not to mention an updated resource assessment. Its Feb tomorrow and what did Purcell state? The update will be released early Feb!
For the first time in months I'm excited about owning this thing!
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