MEO 0.00% 0.0¢ meo australia limited

is it good news, page-22

  1. 3,559 Posts.
    Hi Mycrowsoft

    Yes I mentioned it in an earlier post. One would hope that they didn't purpously use the "plugged and abandoned" term to let mates in before the punter caught on???

    The sp certainly dropped initially with Hardman Resources and then screamed up the next day.

    What this announcement really proves is that the whole area under licence to MEO is a new and valuable gas discovery.

    Together with Heron 2 and the results of Heron 1 means this is a vast gas discovery.

    Punters looking for a quick buck may be dissapointed but holders will be richly rewarded.

    Watch the SP over the next few days and following subsequent announcements.

    Angers
 
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