MAY 4.35% 2.2¢ melbana energy limited

I suspect there will be further delays and appraisal drilling...

  1. 6,639 Posts.
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    I suspect there will be further delays and appraisal drilling won't commence till early April. Drilling will probably take another 2 months then flow tests and analysis another 2 months. Late September 2023 for any decision on production then further delays. Disappointing stock with no drivers in the near future except Christmas and January holidays. I sold yesterday at 4c (average buy price was 8.4c).
 
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