Ann: Chairman's Letter to Shareholders , page-21

Prosperman
Nice to read ur posts.....U help give the forum a little negative balance...to some of the positive stuff....

As I have made public...I have a strategy in place of averaging down....this strategy has resulted in a decrease from my buy in price of .24cents.
If meo ever gets back to .10cents I recover all my loss...which by the way are substantial...

I hope u are right when u say "patients will be rewarded" u are right with some of ur other opinions ie...no change....no skin by management..we made a mistake....etc...

U continue to say that U do not hold......logic tells me that U do....even Ur posts have an element of owner in them....welcome...and I hope you have a strategy to guide you.

I remember when Eni committed to drill Blackwood the share price went up by 2cents in a week. If Eni commit to Heron again or farm into 454p I would expect that the share price could be back into teens.

I continue to implement my strategy...this means that if the price went to .5cents I would accumulate.

Sounds crazy to U but when U decide that Meo is not going to fall over anytime soon because it has $20million in cash and no debt ...with a few announments due shortly ....refer to ADL posts.......

U may get the logic in averaging down in this specific situation.

U suggested that I sell and wait for the share price to get to 5cents

Thx for ur suggestion but I..have already survived two share market crashes...