MAY 9.80% 5.6¢ melbana energy limited

Ann: Quarterly Activities Summary Period Ended 31 December 2023, page-3

  1. 6,708 Posts.
    lightbulb Created with Sketch. 1629
    So $20.1m 'available' at the end of the quarter.

    Is that including the compartmentalised payment for Beehive?

    So much for all the people razzing me for advising cap raise caution.

    Drilling sounds like its going OK, 20 tanker loads of oil is likely to be about 6000 barrels.

    Encouraging but the main game is definitely the deep sections.

    DYOR.
 
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