Melbana Energy Ltd (ASX:MAY)
A$ 0.026 0.002 (8.33%) Market Cap: 87.63 Mil Enterprise Value: 67.52 Mil PE Ratio: 26.00 PB Ratio: 1.53 GF Score: 0/100

Melbana Energy Ltd Investor Stream Transcript

May 05, 2022 / NTS GMT
Release Date Price: A$0.105 (+25.00%)
Alex Paull
Investor Stream - Moderator

Andrew, it's great to have you back on investor stream, now you're back on the ground in Cuba on the eve of drilling the next well in Block 9 that of course being Zapato-1.

Before we drill further into that program, I just want to touch on the announcement from April 28, it might have been misinterpreted by those in the market, given the reaction, and given the reference to the Alameda testing program. Now in that announcement, you referenced a shortened early test that couldn't be completed.

Questions & Answers

Alex Paull
Investor Stream - Moderator

Can you just provide some further context here around the next steps, the timeframes for the testing? And does it translate into more costs in that regard?

Andrew Purcell
Melbana Energy Limited - Executive Chairman

Alex, nice to be back. We've got a common reaction across ourselves our partners in the market, not being able to take those early test samples that we wanted in Alameda-1 but there was an exploration

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