MAY 4.35% 2.2¢ melbana energy limited

Ann: Trading Halt, page-68

  1. 7,686 Posts.
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    Agree. Luckily the broader market ignores the rubbish posted here!

    My two cents worth: they have had over a week to put together this announcement, and will now have the U3 APIs and U2 flow and APIs. They may even have a broader estimate (which is yet to be independently confirmed) for all of Alameda upper sheets. May even have a stab at OIP numbers. Total guesswork as to U3 and U2 quality (I saw someone mention API 15 for U2 earlier), but still likely to be heavy, so some more colour regarding recoverability, timelines, and process would certainly help. I think they will also provide some detail on the A3 well: rig confirmation, spud date, and timeline. Just hoping.

    Kit.
 
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