"The Gurame discovery with six existing wells and a modern 3D transition zone seismic survey, was considered the lowest risk drill-ready candidate with the highest probability of a commerical development path."
Make no mistake MEO is for gamblers. But with both HS-1 and Gurame MEO has chosen as lowest risk targets as possible.
Not all 6/4 favourites win but when they do you usally kick yourself for not having put the house on it.
MEO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held