MEO meo australia limited

here we go ! go meo !!!, page-23

  1. 2,041 Posts.
    the market values a company based on what it's expected future value will be discounted for risk and opportunity cost (time value of money).

    the future of MEO with:
    - eni doing its thing at NT/P68
    - TS implications
    - MEO drilling at 100% at Gurame
    - 454P farmout underway
    -Ibu Horst and Vulcan farmout to commence early next year
    - Sale of Carnarvon leases?

    is getting better by the day.


    A successful Heron flow test, let alone two at HS-1 plus the prospect of condensate should beyond any doubt position MEO as a serious company. Flow test means contingent reserves with a development partner and platform (TS) in hand. This is what the instos love to see.
 
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Currently unlisted public company.

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