MEO meo australia limited

not often., page-2

  1. 1,869 Posts.
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    G'day GJW...good to see you are still around and holding, even if it's not by choice...join the club on that one.

    I think we have now got management back on track with the original business model, which worked well in the past by finding tenements that have been overlooked and applying their very good geo team to look into them and finding prospects, get them drill ready, which they can then get majors to look at them and recoup their past costs and hang onto a slice of the pie, as well as swelling the coffers.

    That business model has worked well in the past and given s/h a chance to share in the spoils with an increased sp.

    Let's hope the dark (regrettable) days are behind us now and I'm sure they won't make that mistake again.

    The increase in the sp in the past few weeks has finally lifted some of the doom & gloom we saw after the failures of past wells. I'm sure Prosper will disagree, but at least he's consistent with his downramping.

    The end for me game remains the same with TS and the current drilling of ES-N1 and surrounding drills (Barossa, and with Blackwood drill being back on the table, there is now some added momentum to that goal. The silence from MEO on TS in their recent announcements says to me that something is cooking there.

    I still wouldn't look for an announcement on TS until all the drilling has been finalised.

    I would also like to hear from some of the old hands (Iam & Dr etc)and get their take on recent events.

    GL to all the long termers.

    Mrm.

 
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