Neon has done a good job to recover there situation caused by Eni drilling over runs and poor board decision of the past.....and the takeover of Meo is another good call by there current board....
Meo does not need Neon......in the short term....and is not a good deal...in the long term..
Just one farmout and this staement becomes fact....surely in 12mths a farmout and the drilling of 454p would top up the cash that some think has run out...
No need for Meo to get married..
Dont like Meo to turn into Meon....but ok to turn into MeoEni..
Neon needs Meon
Eni needs MeoEni
2015 is a new world....different oil/gas world....different geo political world...different economic world...
The curren drama with price of POO will be flushed away......a Farmout/cash will change everything as well.
Say no to Meon....
Say Hello...to MeoEni.
Dyor
NEN Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
MEO Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held