can we expect ann in the near future?, page-34

ADYC,

The big mistake the MEO board made was to lead their faithful shareholders up the garden path with their previous announcements regarding the Farm in.

These announcements alluded to timeframes for the conclusion of the Farm in process. The result was a delay in the proceedings,not once but three times. Was this our fault?

Clearly MEO management was to blame for these delays. Management miscalculated timeframes not once but 3 times.No wonder SH's get fed up.It would have been better that no timeframes were mentioned...Poor management for an experienced bunch of directors.

These delays resulted in the pumping and dumping,the uncertainty prevailing right now and most certainly the dissent in the ranks you see now.

MEO has a history of this over the years. It cost many SH substantial losses not only the average punter but also your sophisticated punter like Clive Palmer who took a bath early 2009. Others made a heap on the pumps and dumps.

Tough business this one ..

There are many juniors in O&G to invest or trade in. Until MEO strike pay dirt upon drilling and prove up the resource in Artemis it will still be a speccie with no proven resources.

It is definately a long term play but only if you buy in at the right price and not bother about the thought of making any money for a few years.. It's a punt in the meantime.

The SP will rise when we hear some positive news from the company.No news breeds hysteria,conjecture ,distrust frustration and a scepticism about the managements motives and their abilities.

All the best on your LT hold...success should happen one of these days.I hope the drilling is not delayed. LOL

Cheers

HR