re: News: MEO Australia presents at the ASX S...
Some good one liners.
HERON
- HS-1 costing eni $75m
- (HS-1 has) been in target (Plover) reservoir for "several weeks" with "extensive gas shows"
- this was two weeks ago (date of presentation)
TS
- "we're working with the nearby resource owners, and as they (projects) get appraised in the next 18 months I think we will see a lot of potential value begin to be unlocked using our (TS) development scenario"
- Since B&C is now taken, this sounds a lot like Evans Shoal, without letting the cat out of the Italian Silk bag.
MEO Price at posting:
22.5¢ Sentiment: LT Buy Disclosure: Held