MAY 6.00% 5.3¢ melbana energy limited

source: 4-Apr-2024Article in PESA News...

  1. 6,365 Posts.
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    https://hotcopper.com.au/data/attachments/6078/6078075-3efe478e44ddaa9fc6a2309ddbe5d037.jpg
    source: 4-Apr-2024Article in PESA News https://www.melbana.com/site/cpfile/39656cc8-5086-406a-854a-5fae1fae4cc2/PESA_NEWS_ARTICLE_MARCH_2024.PDF

    https://hotcopper.com.au/data/attachments/6078/6078082-db7419403d026bc9158f901b14e75467.jpg
    source: 4-Apr-2024Article in PESA News https://www.melbana.com/site/cpfile/39656cc8-5086-406a-854a-5fae1fae4cc2/PESA_NEWS_ARTICLE_MARCH_2024.PDF

    My two cents:
    1) "The longer-term potential could see the project delivering 65,000 barrels of oil per day..."
    2) "The development plans are being finalised for presentation to the JV and Government regulator in the next month or so".
    source: 4-Apr-2024Article in PESA News https://www.melbana.com/site/cpfile/39656cc8-5086-406a-854a-5fae1fae4cc2/PESA_NEWS_ARTICLE_MARCH_2024.PDF

    The timing is interesting, I believe the company is starting their slow ramp with news catalyst after news catalyst which will likely put a rocket under the share price. My thread is also almost ready, VOGC is probably also almost ready. I am buckling my seatbelt, the train is almost ready for departure.
 
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