something to ponder., page-7

Just sent this to Jurgen...couldnt help myself.


Jurgen,

Would it not have been proper to communicate to shareholders any Plan B that you may have that could involve additional drilling where Petrobas may or may not be involved? Do Petrobas just pack up and go home and we never have anything to do with them ever again.or is our relationship an ongoing one across other fronts?

I have no doubt that as unfair as it may seem, that the lack of follow up and reassurance for shareholders constitutes Commercial suicide for you professionally, as this is not the first time that this has been the case. Whilst I am sure that your own personal view is that securing additional $30M in funding via the Capital Raising contributes to the ongoing viability of MEO, and should be viewed as a great achievement, however that is very subjective, and as you can see by the events of today.means nothing.

I like many have lost over $100k today and believe that this could have been minimized with more detailed and thought through communication containing.where too from here.

Not happy!