For those that are holding long term I wouldn't sweat it too much...... I spoke with the Chief Financial Officer & Company Secretary, Colin Naylor , this afternoon on the phone, & with all due respect to him & for obvious reasons of disclosure he wouldn't tell me directly about jv's or t/o speculation reported in the media recently....... What he did tell me indirectly was that he was very excited about the companies future & that it was business as usual. I did prod a little without being too obvious & overbearing , about where the co. was headed & thier prospects, etc. He was more than happy to talk about things in general & mentioned meo's prime acerage right next door to WPL's 3 gas projects ( pereus, I think he said ) HELLOOOOOOOOO! Also Colin spent the majority of his 22 years in this business working for , guess who............., WPL , HELLOOOOOOOO!
Anyway I got a warm fuzzy feeling after I hung up & although evry co. in this industry has its inherent risks I did get a good feeling about chating to him......
Oh well I hope that piece of info. helps you al get a good nights sleep.......
MEO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held