Meo will not IMHO got it alone - their modus op from history has been to logically reduce risk and allow JV partners first up to drill - the one thing MEO were very good at was the deals they struck, admittedly in good times but they managed good deals - the hope here is the same.
The big note i maintain is the rhetoric for drilling - remember Q1 2018 is a long way off - need to be very patient in buying in at this stage - but me were also good and playing out the ann through time and keep mkt informed and interested
MEO Price at posting:
4.0¢ Sentiment: Buy Disclosure: Not Held