MEO 0.00% 0.0¢ meo australia limited

Block 10, page-5

  1. 2,923 Posts.
    lightbulb Created with Sketch. 15
    With no fundamental (scientific) grounds, my guess
    I would put between $1.50 - $15.00 per share.

    I am very optismistic on company's Cuban prospect Block 9.
    It was alredy proven old oil field, but this time with modern technology/equipment, relatively easy onshore,
    likely very competative production cost, no concerns for market and most of all good experienced management /field team.
    Let's be ambitious and 'thinking big' and think any dreams will come true eventually.

    As coal price revives, eventually oil price won't stay around this level and go higher, imo.
    ......it produces countless by-products as well such as aspalt, plastic et al in addition to gas, pertol, kerosene, diesel, etc.


    Regards,
 
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