MAY 18.2% 3.9¢ melbana energy limited

MAY - chart, page-6

  1. 579 Posts.
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    Well that spurt lasted all of a day .

    Back to the selling pressure again, seems the small band of buyers are all gone now,... still acute lack of interest here.

    Meanwhile 88e announce it has bulldozed through an ice flow and a nice picture of a bulldozer  for their access ice road in the perma frost and kerching over there.

    There were a few on here that proclaimed that all the ASX was waiting for was a binding farmout agreement to be announced  to get on board, I wonder if they still have the same view now that has happened amongst 2 other posting announcements and we are still back well below the last CR price..

    What is most furustrating here is, if we are actually going to do what we say we are this year, there just be bloody an avalanche of things being worked , otherwise it will not happen.

    We are due a full operational date on block 9 with key facts about rig importation progress, civils progress and planning, well tangibles and services planning..finalised plans etc.

    After all we are new to be spudding the first well in less than 4 months aren’t we ???

 
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