MAY 3.33% 3.1¢ melbana energy limited

Hi ort, I think they share only as much as they need to through...

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    Hi ort, I think they share only as much as they need to through announcements which makes it harder for us to really know what’s going on. I don’t blame them. Shareholders are nothing but a pain in the neck and we are not running the company as some of us like to think nevertheless It seems odd to me that they didn’t acid Wash or stimulate given It seems this is almost standard practice in carbonate reservoirs. Obviously this adds a whole extra layer of complexity planning cost and resources for which a junior operator like MAY may not have the skills/resources/dosh. Still, they’ve had years to plan this stuff and A2 A3 sucked aside from getting to TD and log data gathering. I hope all is well and revisiting A2 is just around the corner. In the meantime I’m just going to patiently watch it unfold in these perilous times. 70% down. Surely it can’t get much worse?!
    Last edited by justinmetals: 08/09/24
 
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