MAY 3.23% 3.0¢ melbana energy limited

Ann: Melbana Corporate Presentation - September, page-3

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  1. 6,823 Posts.
    lightbulb Created with Sketch. 59
    from the ann> "Conditional non-binding Letter of Intent signed to divest 30% participating interest to
    joint venture partner for A$100K cash"
    that looks to me as though they havent yet off loaded it but have the option to do so.
    with the uncertainty of NZ govt decision and the cost of rehab we may dodge a bullet here if we do divest.
 
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