Many of us agree that Gurame is the main game for MEO. So for the moment, forget about the other distractions such as Heron and Thailand and lets ponder where we are and how we got here.
Below is a simple sequence of events that I have put together based on the offshore Seruway PSC project.
Of course, long term holders will know all of this. I think it is important for us all to put each announcement that we are provided in perspective. Big picture wise MEO have have done very well to deliver what they have said they would and stick to schedules.
We cannot control mother nature but I believe that MEO have been confident of this project from the start and that success is inevitable.
MEO Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held