What is the future of meo....
does guarme become a duster...on current announcements not likely..
answer No.
Does it have cash....Yes
Does it have opportunity....Yes.
Will ENI walk....with about 5trillion gas...not likely
answer No.
Will MEO fall over....on current announcements not likely
answer No.
I therefore will keep buyin...
Forward assumptions.
Guarme flows and provides incentive for farmout oppurtunities...
ENI drills Blackwood in 2013.
The opposite is possible but not probable..
Therefore the future for: Meo more drills and farmouts..AND
Price of about min 18c to 50c per share by xmass..imo
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