Great to see some facts on the table substantiated by some rigorous discussion / insight - exactly the medicine that the Meo forum is in dire need of to ward of the prophets of doom and gloom!
Hi Strauss -
I can only endorse your observations regarding the quality of the Meo management/ technical team - something many of us have been shouting from the rooftops for a while.....I mean, a guy of the calibre like R Zammitt signing on....new ventures advisor P Stickland who has spades of experience as Ceo of TAP Oil and is also on the Appea Board...just 2 of a host of highly credentialled professionals that JH has assembled this past 12 months to do what? Pad out an early retirement kitty - I don't think so!
Dr D -
Also agree with your sentiment that this will fly in the face of the H#3 drill which will bring relevant publicity and should act as a catalyst for our far too long dormant SP! At times it does appear like a case of ;- " Can't see the forest for the trees...!"
As both of you have also stated - Meo ( especially under JH ) are very polished, professional and successful deal makers. I have little doubt that they will deliver on the prize that Meo has held onto for so long - I personally think it will be a case of either really excelling themselves with a knockout deal or " merely " continuing to deliver deals that reflect the quality of PBR/Eni efforts.
The weekends discussion has been most informative,entertaining and positive - a nice change
Cheers Ort
MEO Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held