maiden profit, page-5

ronstieb,

Where's the 13% coming from? MEO stated all along 20% + 1.6% multiplier (DHI indicators) = 32%. I have not read anything different put out by the company.

I did read something a while back from some mob hired by MOG or CUE though, is that what you are quoting?

At the end of the day there is nothing to be objective about. It was out in open and everyone knew the risks were 68% chance of failure. That's the game, get over it, rebuild and onto the next one.

I'm hoping they have a crack @ 4TCF at Heron next up and try to add the word producer to the company profile, before doing more wild catting. Feel they need a solid base project next up.

MOG should be thankful MEO took the extra 5% off them!