No doubt approaching spud has a lot to do with it but i also like the little paragraph in the latest Baillieu research report about the current restructuring.
In parallel with Artemis, MEO is working steadily to advance its Timor Sea LNG and Methanol project at Tassie Shoal. We believe that the restructuring of ownership interests in adjoining gas fields now under way - will be the key to unlocking value from this unappreciated asset.
MEO Price at posting:
41.0¢ Sentiment: LT Buy Disclosure: Held
