Hey people... MEO have done very well recently considering the fact that they were able to attract a White knight (shock factor)... I still cant believe why anyone would be interested in MEOs assets.... MEO does have high impact well of Zeus coming up late this month and im afraid of what is to come if that well is a duster... For long term buyers it might be worth a wait upon results of Zeus and pick em up around 15cents trending lower on a duster, or take your chances on small odds that the SP might be a dollar plus... tolhurst valuation is bogus, always said it was... picking booger type stuff... some time before the spudding of four NTP/68, I will do a detailed write up on why I believe the project is shot... plenty of time... I warned you all at 50cents... RDI dont have a clue in the oil business, stick to your steel, nickle, iron ore... good luck Zeus, and Northwest shelf...
MEO Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
