MEO 0.00% 0.0¢ meo australia limited

artemis boundary, page-32

  1. 9,676 Posts.
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    Hi kimbo,


    absolutely not mate. Held CUE for a looonnnnggg time and the sp just stagnated even with good announcements, more cashflow etc. was a sign for me to sell. Doesnt matter how many assets or cashflow a co has if the market doesnt value it, it doesnt value it. Would you buy a Volvo just because its "safe". Now this is not to say that i dont think once the Artemis deal is ironed out CUE wont gain, it will, significantly. But i do get tired of the Blue Chip talk over there, to think that there is no downside to the sp is flurting with danger. I dont think its fair on any new comer to read those type of posts and get that warm fuzzy feeling of "no downside", CUE is still high risk as are all stocks at this end of town, MEO included. Apparently we at MEO are deluded and putting our money on a "gambling stock", well it pays to look at the material that has been used to build ones house before throwing stones. Main reason i frequent the thread of late is, how does it go, "keep your friends close......."


    I chose to put my funds into MEO as i like the management, the other prospects (thats right MEO isnt just about Artemis for those that are willing to do some research) Im not here for a quick trade on the hype of Artemis, if we have a successful campaign MEO will have the $$$ to develop its end game with some handy connections and possible partners on future projects.


    TSMP
    http://www.meoaustralia.com.au/page/News__Events/Audio_Video/)


    TSLNGP
    http://www.meoaustralia.com.au/icms_docs/43548_Timor_Sea_LNG_Project.pdf


    NT/P68 - Heron & Blackwood discoveries.
    "Two gas discoveries Heron & Blackwood were made within the permit in early 2008. These discoveries may support the future gas supply demands of the Timor Sea LNG Project (Heron) and/or the Tassie Shoal Methanol Project (Blackwood), subject to successful appraisal drilling results."
    http://www.meoaustralia.com.au/content/Document/Exploration%20Permit%20NTP68.pdf
 
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