Down to the lake I fear.
Not sure what Meo cash position.
NW shelf permits now have no value as all the prospects based on similar amplitude plays as per Zeus.
Offshore NT permits are too difficult, deep drilling and expensive.
Looks like Meo a company with no where to go in the current environment.
An even worst position than NXS.
Good luck to all holders.
PC43
where to from here, page-40
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