He is still there... They invested their money. You can lie to the big boys ...they have lots of geo tech experts who are paid big dollars to check things out and a board which looks hard and deep before spending...money.. Many have tried and failed.
So lied...nar..
You can't lie about... Blackwood for $100million . Tassie Shoale for about $1billion 454p for about $5million cash plus $20million to drill
You mst talk the talk and Walk the walk.. And have substance to get people to Invest...
You start with trillions of gas. You start with billions of oil You start with research...sciesmic ....exploration... Geo experts...etc...
But most of all you need just a little bit of luck....
Oil/gas is there but the hard part is to find it and get it to flow... Majors such as Origin....Eni....petronas...etc...
Are not always lucky.....just like Meo....
MEO Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held