Bottom of page 6, December quarterly. Being an immaterial asset following the failed drilling of the best prospect on the lease there's no reason for it to have a separate ann.
It's oil and gas - you make drilling decisions based on available data; but nothing is a certainty. Biv Peak and SM74 clearly went against the company, but were both company makers in their own right if successful.
What else do you feel needs disclosing? Noting that MEL is a non-operator and beholden to the operator in most cases.
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Mkt cap ! $3.674M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10381720 | 9 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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