another day in paradise, page-29

Shrewd Crude, get real. I held CUE in the early days when they were talking up the Jeruk prospect with Santos. They have done absolutely nothing in 5 years. So to suggest MEO should be trading like them is ridiculous. While CUE have an interest in some MEO assets, they clearly don't have the money to participate when it comes to drilling (evident by their recent capital raising). CUE's current shareprice has nothing to do with its interest in MEO assets, because the market seems to know that CUE can't afford to take the risks and participate in them - irrespective of how prospective they look.

MEO has some of the most impressive assets of any small cap in its sector. While a lot of work has to be done to determine how good these assets are, the upside is so significant (many dollars) that even the prospect of what they might have is worth much more than what they're trading at.

The downside might be 10c if Atermis is a duster, but the upside could be anything from $1, $2 or more. These figures are very well supported by brokers, recent research papers, various assessments on hot copper and the companies own presentations.

Your valuations/price for what MEO should be trading at is supported by...?