Good to see Directors buying. These guys know a good thing when they see it don't they! Even in a depressed oil price environment, Cuba has so much potential. We have only seen the first of three assessments of the potential oil in place and if the second and third assessments are even a fraction of the first, we will surely have the momentum to attract a major partner, if we haven't already.
It will also be interesting to find out who the successful Beehive partner is and how MEO have been able to negotiate the terms.
MEO Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
