MEO 0.00% 0.0¢ meo australia limited

state of play nt/p68, page-2

  1. 2,041 Posts.
    Artemis
    32% POS that MEO will own 25% of 12Tcf = risked net prospective reserves of ~1Tcf.

    Heron
    80% POS that MEO will own 40% of 5Tcf = risekd net prospective reserves of ~1.6Tcf.

    Blackwood
    Free.

    I'm a believer in Artemis and think we are probaly a 50% POS, but Heron is lower risk.

    As analysts crunch these numbers and establish that MEO have 300bcf in resources now, with low-risk upside of 5,000bcf and that MEO will have the $70m in the bank, MEO should do a KAR in terms of appreciation.
 
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