MAY 6.06% 3.5¢ melbana energy limited

Damn, was hoping they’d be more knee jerk than there has been...

  1. 1,944 Posts.
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    Damn, was hoping they’d be more knee jerk than there has been and May would dive under 0.03, as wanted to add some more, now I’ll have to consider it at 0.04.

    Marti contaminants are a set back, but not totally surprising dealing with alleged pressure there. , which we’ve seen drill hiccups with before.

    Did a fair bit of general research on contaminants and in most cases it’s fixable one way or another. Albeit it takes specialists and process is not cheap, nor are the specialists.

    So for my money, it’ll be on the back burner of future known potential. I’d be surprised if May and Sonogol wrote it off without trying, once they sort it out.

    In mean time, just awaiting Alameda results, hoping for a light heavy oil there or better with good flow. All going well (although May and Murphy seem to have a relationship at times, lol), then more wells and some income to assist expenditures.

    With Marti I expect more information in the quarterl.ies, this one coming (although not much) and the next after.

    Not paying any attention to nay sayers who don’t have anything to back up their posts and don’t expect everything to happen overnight as many seem to want their answers to problems. As with any explorers or juniors, things simply take time.

    Patience and awaiting factual information is key.

    GLTAH. DYOR



 
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