spp - for loyal share holders, page-21

olive blossum - how very true.

MEO have been sitting on their hands.

http://www.meoaustralia.com.au/icms_docs/128912_Seismic_Program_Update.pdf

See the link above? That is $25 million worth of world class seismic paid for by MEO. Lets not worry about the other $15 million eni spent to shoot the Blackwood seismic for MEO.

MEO also bought SeruwayPSC.

AND MEO still have $50 million of cash.

The MEO squandering cash argument just doesn't cut it ob.