MAY 4.17% 2.3¢ melbana energy limited

Checking in to see how things are going. Quite a lot of comments...

  1. 6,488 Posts.
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    Checking in to see how things are going. Quite a lot of comments picking up on the wording of the halt. The most similar halt in recent past on ASX:MAY that discussed a drilling programme ended up being just prior to calling total depth. In our case, the appraisal of A-2 might have finished and results might be announced concurrently.

    https://hotcopper.com.au/data/attachments/5535/5535292-45472065d1fa9b5bc2ca5db187672a95.jpg
    source: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02500294-3A589964?access_token=83ff96335c2d45a094df02a206a39ff4

    https://hotcopper.com.au/data/attachments/5535/5535297-86621c43969096ecdfdbc5cf4e4840b4.jpg
    source: https://www.asx.com.au/markets/trade-our-cash-market/announcements.may

    Bearish because the results are probably not "gushers". But bullish because A-3 might be about to start.
 
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