MEO Shares on Issue 539.913m Share price 0.215 MC 116.081m Net assets 213.637m Net assets per share 0.40 Cash 100.338m Cap raising 62.7m shares @ 0.52
- Disposal of 50% interest in WA-360P for 29.611m - 50% interest in WA-361P - Ash more Cartier AC/P50 and ac p51 - 100% interest of 5900km2 NT/P68 Comprise of Heron (est. 5.0TCF of recoverable gas) and Blackwood pre drill expectations of 1461-2572 BCF.
Farming out 50% of Heron
my notes on MEO
Been sitting at these levels for months with nothing productive going on in my opinion
