MMR 0.00% 0.4¢ mec resources limited

boggles the mind

  1. 12,633 Posts.
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    MEO has nothing to do with MMR, MOG has nothing to do with GBA... Totally different, the only similarities are that they all drill for gas at the same time...

    MEO always had a low chance of finding gas, less than 30%. There have been independent reports showing that gas is 'highly likely' at the target sands... Normally independent reports are conservative in order to save themselves of embarrassment later down the track after the well has been drilled... But to say that a gas discovery is 'highly likely' is good enough for me and the chances of a large find is more than 80% IMHO...

    80% chance of increasing my wealth by 1000% is good enough odds for me and it boggles the mind seeing so many sellers out before spud... To me, those people have no risk tolerance and/or don't know what is on the cards here in PEP11

    To me, this is a very strong buy, and the key words here is 'highly likely'
 
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