MEO 0.00% 0.0¢ meo australia limited

artemis...the hunt is on, page-14

  1. 489 Posts.
    I doubt that will be the case. I agree not very early next year - but it will be all timed in sic with others - MMR expected (noit annouced yet) to commence before April. As we can see all shares in similar fields ten to rise in sinc - and down in sinc. Traders - day and medium term - have now shifted out of MMR/BUY and into KAR/MEO. Watch these two rise now. When there time is up - move back into MMR for more news on drill dates etc etc. Many deadlines late Sept - expect a drop in Oct.

    FMG - Late Sept deadline for financing
    MMR - SPP issue price announced (Buy price effected)
    MEO - Farmout late Sept
    KAR - Kontiki hit expected before late Sept
    MMX - Chinese coming mid Sept - CHM case deadline
    Etc etc

    So either after this consolodation = up up up then down Sept

    OR keep people inticed - waiting for late Sept but then a downturn hits and people have money stuck!

    I expect drilling just before or after MMR drilling.
    Before MAy 2010

    Just my opinion. DYOR





 
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