Botched..The main message I got was that if you have a lot of gas..there is a lot of interest for equity even very small amts from overseas LNG players including the foreign end users..
The main issue is have gas will be interested..
Heron & Blackwood have lots of gas but it must be appraised and must have commercial flow rates.
454 has suggestion of lots of gas but must be discovered yet.
The issue is...is anybody interested. The answer to this major question is soon to be answered.
I suggest that there are some LNG players and eventually foreign end users who seek to lock in future supply that could possibly be interested.
Major players simply seek to obtain the resource not so much to develop immediately. Gove , major players around meo prospects all need gas. Meo share price movement is eventually assured me thinks.
MEO Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
