That will not happen ,
They are are already going backwards in their take up numbers, their flock are now taking in the release of no funds to drill, the SP is weakening further...
They look like releasing poor flow test results, they have no direction on finance for any drilling..
Enough said about this mob, MEO need to kick on and move up, it's the only way for a fast finality of this.
Leave them sitting with a 600 + k bill to pay and pondering their own survival..
Salt you have been very pessimistic on this and have been proven wrong on a number of fronts, however if you take the time and talk to the team at MEO , you will find out exactly What they think of this, there is no conspiracy theory , you've been watching to many movies...
This has gone in for 5 months and they hold 2 % , only after imlroving their offer 3 fold . They have a half yearly to come that will test the nerves of all their faithful when they divulge the actuals of their books, A very possible bad flow test result that will not be commercial, coupled to promised farm out news for MEO, it's not looking likely to lead to a new flood of MEO take up is it !
- Forums
- ASX - By Stock
- MEO
- leave us alone
leave us alone, page-15
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)