MEO 0.00% 0.0¢ meo australia limited

announcement, page-20

  1. 3,790 Posts.
    Bull93...

    My intention is not to encourage doom and gloom....because Meo could announce that it has farmed out 454p and got there joint venture with the major Asian player for the methanol plant at TS...

    And gets cash and drill commitments next week.

    Another positive is that the top20 holders have continued to accumulate...
    Meo also have trillions of gs in there prospects..

    There are other positives....

    But to commit to spending money before it comes in the door is irresponsible...many a company has paid the ultimate price for such behaviour..

    Dr das hinted to this situation quite a few months ago...
    Perhaps it may be time he elaborated on this.....

    Anyhow....still hold....till another annoucement comes in that spends and no
    How Me The Money..?




 
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