MAY 3.13% 3.1¢ melbana energy limited

Cuban report and Cubans comment on A2 appraisal, page-65

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    The team knows this is a very unique and rare discovery these days outside of opec. The internal debates are probably about the order of events rather then how to best approach this discovery.

    Its best understood by the fact we need production, followed by geophysics (3D) and in conjunction with putting in pipelines etc to boost initial production. Production will allow financing and rerate the share price which are both important to expansion.
 
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