MEO 0.00% 0.0¢ meo australia limited

meo info., page-10

  1. 206 Posts.
    GoldenGoose,

    Your declaration thet your are proud to hold MEO stock suggets to me that you are perhaps emotionally attached to your investment..this is not a good thing IMO.

    If Zeus is a duster it will downgrade the prospectivity of the license it lies in...this is a fact of life in the oil and gas game. Acreage is as valuable as the last well drilled.

    You mention that Zeus is "looking good"......care to elaborate? To me Zeus is an exploration well with associated risks of failure. It also seems to be a case of a company hinging its future on success of a single well. I just hope that they dont declare reserves and development plans based on untested log pay.

    Cheers



 
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