How much does the projector really weigh ?
Try a video on melamine failure, see what you think.
Melamine likes to fracture along stress lines, since it's a resin which is weakened by the presence of saw dust. That's different than, say, fiberglass, where there is a resin but the added material is a fiber with strength properties.
When you use pine for a shelf, pine has entirely different properties than resin based materials. Because it has a grain, it has different strength properties and failure modes, depending on "with" or "again" the grain.
What is in a melamine board, is described here.