Some absolutely essential points every investor needs to understand. All you need is <5mins of your precios time and this link.
http://www.youtube.com/watch?v=oFoz07ZAkQs
1 - Start at the 45s mark.
2 - Note how it is that this ground was pegged by the juniors
3 - Watch JH wipe his face at 1:38, after reiterating how they came across this ground.
4 - 1:44 - 1:50, listen to the attempt at being polite about CUE!
5 - 2:20, can actually see the gas on the seismic
6 - 2:38, listen to the DHI and rejoice. I've been in this game a long time, and this is as close to a shoe-in for a wildcat that you will ever see.
7 - 3:54, unquestionable knowldedge of the basin and Perseus. The detailed correlation of GWC contact outlined here.
8 - 5:00, after the farmout was launched, they identified, conformance with DHI's which were "all over the place" and all validating the GWC. No wonder the farmout took longer. They put an add in the paper to sell a Ford Laser, but when buyers came, they were kicking the Michelins on a Ferrari!
9 - 6:22, the validation of the "gas-effect" instead of the "rock-effect".
10 - 6:40, the hero display that companies were interested in, "guys coming back multiple times to look at the DHI's", this is from the 30+ parties!
. . .
No wonder MEO bought an extra 5% through MOG. If only we bought another 15% from CUE!
MEO Price at posting:
56.5¢ Sentiment: LT Buy Disclosure: Held
