MAY 4.65% 4.1¢ melbana energy limited

The Melbana Energy Limited $0.86/share Party

  1. 6,404 Posts.
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    Now that it is 2023, civil works are well underway on the expansion of the well pad for Alameda-2, and Alameda-3 as described in ASX announcement "Countdown to appraisal of oil found in Block" https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02610511-3A609231?access_token=83ff96335c2d45a094df02a206a39ff4 09/12/2022.

    It should not be understated the directors may have provided a message to the market that it is time for "something", with the following buys:

    https://hotcopper.com.au/data/attachments/4939/4939378-2a36d135fff56df04860b673469ee59d.jpg

    Source:https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02609052-3A608965?access_token=83ff96335c2d45a094df02a206a39ff4

    https://hotcopper.com.au/data/attachments/4939/4939379-fc1e735b29e30ef69cbcf471fa180b05.jpg

    Source:https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02609055-3A608967?access_token=83ff96335c2d45a094df02a206a39ff4

    https://hotcopper.com.au/data/attachments/4939/4939381-30bd0d7fad99316b77a4366e017478bf.jpg

    Source:https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02609057-3A608968?access_token=83ff96335c2d45a094df02a206a39ff4

  2. 6,404 Posts.
    lightbulb Created with Sketch. 2441
    Following on from the previous post, 2023 will also be a big year for ASX:MAY, not just because of a potentially successful flow test(s) which may take place early in 2023, but also because of a highly anticipated drill which may be conducted later in the year on another of ASX:MAY's "interests", which could provide payments contingent on exploration success:

    https://hotcopper.com.au/data/attachments/4939/4939383-58bc027b041f7dedf50015452b98cd06.jpg
    source: extractfrom 25 Oct 2022, ASX:MAY, Quarterly Activities Summary period ended 30September https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02587802-3A605450?access_token=83ff96335c2d45a094df02a206a39ff4

    https://hotcopper.com.au/data/attachments/4939/4939384-90784666e6bd48cfb02060792394dbec.jpg
    Last edited by Flambeau: 02/01/23
 
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