MAY 6.06% 3.5¢ melbana energy limited

May Chart, page-50

  1. 3,563 Posts.
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    I do think the current results will change a lot of the potential figures in the prospects. It’s going to be a material change as many of the prospects are similar. Alameda is a massive prospect, success here will materially relate us and recoveries at 5% are low when you consider drilling advancements and recovery techniques. Fold and thrust belts are mostly explored globally, to have one onshore that has been overlooked or under explored is rare.

    Best of luck holders
 
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