watchout here it goes, page-16

bionicboy,

a bounce based on what?

we aint talking about a penny dreadful with a handfull of onshore permits with a pipeline running past them. meo have dedicated years to this one project and its all they were prepared to put in the basket for shareholders.

conveniently management farmed into cue's acreage a short while ago which appears to be a belated plan B to enable management to keep their jobs and pay packet and move to another project if/when this one falls over.

i doubt there would be $80 million sitting on the sidelines waiting for an entry point despite what some may spruke in order for you to pump the price to a level that they will offload at for a quick buck.

i cant see any fundamental reason to buy.

good luck to holders though.