I was just looking at MEO's way ahead from the AGM notes and the pieces are starting to come together. An interesting part for me was the buy in to Evans Shoal (potentially 8.37 Tcf gas). I don't believe this was successful (looking at their time line) - I wish I was at the AGM to ask the question/hear explanation - maybe somebody did?
Tassie Shoal is in the vicinity of Evans Shoal so it would be a logical addition to the MEO portfolio. It will be interesting to hear any feedback from the meeting by HC attendees.
The rest of the presentation looks all good - we must remember to keep on being patient.
Regarding my investment in MEO (or part of) - this is the portion of my retirement plan the Insto's/Super won't get hold of :))
MEO Price at posting:
51.0¢ Sentiment: LT Buy Disclosure: Held
