game has just begun., page-14

I started a little rant on this last night, time to finish it.

There's been a heap of criticism here lately about the management
team and how MEO was a dud etc. Holders getting out etc. After considering all factors I'm totally convinced the guys running this are gurus;

1. Cap raise 30 odd mill near top of SP just before drill peak and duster drill. (imagine pulling that off now).

2. Bring in a partner who will pay for the drill and sell them 50 percent (where the hell is percent symbol on iPad) add another $30 mill to the kick.

3. Having the guts to know cash is absolute king, de-leverage risk by having other partners in the drill and getting the worlds best to peer review your plans. You can't say this wasn't done properly.

I'm convinced these guys are pros with the smarts to focus on the balance sheet rather than short term shareholder value (build it and they will come).

What peeved me is that I stuffed analysis on the chart! 21.5 was entry not 19 so now too damn close to 25 resistance for me to get in comfortably.