MAY 0.00% 2.2¢ melbana energy limited

I have received permission from company to post a section of...

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    I have received permission from company to post a section of their private reply to my latest communication with them.
    Another disappointing day today  controlled from the start to end flat..pretty tiresome stuff and until they get their act together in releasing actual progress news , I suspect not much will change.
    ...........................................................

    ”We have spent a good deal of our time over the past couple of months testing and devising strategies for seeking to gain broader market appeal in 2019 plus we have another exciting opportunity to pursue this year given the PSC we were awarded over the Santa Cruz oil field.  We are keen to translate the potential of our portfolio into capital gains for our shareholders and will, in parallel, continue to focus on our deliverables.Your comments and advice below are good and well noted.  A UK listing remains front of mind and, subject to market conditions and appetite, remains something we believe would be beneficial for a couple of reasons.”
 
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