MAY 0.00% 3.2¢ melbana energy limited

1956,Regarding to the SP, the market will always determine that....

  1. 3,644 Posts.
    lightbulb Created with Sketch. 1972
    1956,

    Regarding to the SP, the market will always determine that.

    We are at the point where the company is proving its ability to be a producer. This is where many teething issues occur unfortunately. carbonate plays are known to be difficult at times, but host most of the worlds major oil fields.

    I'm confident that the team can do it, once they understand the nuances of this it's all about replicating and getting production up. I'd compare this to Kuwait, shallow, close to coast and a lot of oil. Same geology too, but what we have could be bigger.

    best of luck holders
 
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