MAY
Click for more information
18.2% 3.9¢ melbana energy limited

March Approaching.

  1. Spitfire
    579 Posts.
    lightbulb Created with Sketch. 246
    clock Created with Sketch.
    13/02/19
    21:52
    Post #: 37429559
    • Potentially 8-10 weeks to first spud of 3 well programme on block 9( April as still mooted by company) 770 million bbls potential recoverable., near appraisal COS. Fully funded on drilling and development on hopeful success.
    • Complete 3D cube Seismic now being fully assessed on Beehive / Egret. Already early rumbling of upside and quality in the permit as seen by Total / Santos planning advancing and identification of the Egret lead. Largest undrilled hydrocarbon structure in Australia. 5 months max to decision from Total/ Santos , I suggest we will not wait this long. 
    • Santa Cruz PSA..production incremental planning now 4 months in from award.  100 million bbl field .
    • Tassie shoals  ....potential news in Q1 was mooted ...
    • AIM dual listing being actively looked at.

    Shareholders must be in for a swathe of news soon, surely !
    Last edited by Spitfire: 13/02/19
    MAY Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Uncover the potential at the Storm Project, where exceptional RC drill results reveal 22.9m at 8.5% Cu, indicating significant resource expansion beyond the Cyclone Deposit
right-arrow Created with Sketch.
NEWS New drilling at the Rogozna Project delivers a standout intercept, highlighting significant resource expansion potential
right-arrow Created with Sketch.
NEWS Discover how gas production wells are progressing with successful drilling and promising early gas flows
right-arrow Created with Sketch.
NEWS $140,000 in grant funding has been secured for drilling at Golden Ridge, with preparations underway for two exciting prospects
right-arrow Created with Sketch.
MKG Preliminary interpretation of Andover South reveals key NE-trending corridor hosting lithium mineralization
right-arrow Created with Sketch.
NEWS High-grade manganese found at the W2 prospect in Wandanya
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.9¢ 		Change
0.006(18.2%) 		Mkt cap ! $94.36M
Open High Low Value Volume
3.3¢ 4.1¢ 3.3¢ $502.2K 13.53M

Buyers (Bids)

No. Vol. Price($)
1 20000 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 1589482 5
View Market Depth
Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.