MEO meo australia limited

Ann: Gulf of Thailand G2/48 update , page-3

  1. 76 Posts.
    This result seems to confirm my concerns that given the lack of success the current Business plan is achieving, it will be increasingly difficult to attract interested parties to commit to part sale / Farm in joint ventures.
    There seems to be failings in the Plan, many highly paid people sifting through information, identifying prospective drill sights then having these prospects ignored by the venture partner and the drill placed elsewhere.
    The Board conducted a review after the JH go it alone fiasco and with a "Slap on the wrist" the call was play on.
    A weak decision and one that needs review!
 
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