MEO 0.00% 0.0¢ meo australia limited

Ann: Notice of Status of Defeating Conditions, page-4

  1. 1,850 Posts.
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    I wonder if the current Mosman holders will now question their board as
    to why their much needed and dwindling funds were wasted on this folly.

    It seems that their board didn't do their homework to see if their T/O of MEO
    would even have the remotest chance of succeeding.

    I would now expect that Mosman will now drop their pursuit and sell off their 2.047%
    interest to raise as much cash as they can to drill their NZ permit.

    What a waste of time/money this has turned out to be.

    All IMHO of course.
 
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