executes contract for multiple seismic surveys, page-3

Seems to me that MEO Management current strategy, which I am not suggesting is wrong, is to use the funds they have to invest in information/data, which will then be used to attract more investment/farm in agreements, which in turn delivers lump sum revenues to aid working capital and operational costs.

They obviously see this as the best use of funds and the way to generate some short term one time revenues.........as I am not clear on when they would be thinking of having recurring revenue from any production that may or may not eventuate, which is closer to a true successful business model.

I just hope we arent going around in circles............