The current drilling, whilst there is an element of risk involved, haas already set an expectation in terms of amount of resource that maybe found.
I am interested to get holders views on what they think the market will do if:
a) MEO report a find less than anticipated b) At levels anticipated in previous announcements c) A moderate increase on what was anticipated d) A significant increase on anticipated volumes
All subjective I understand, just keen to get views on what market has already factored into current sp, given its decline from 34 cents only a week or so ago.
MEO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held