Just based on what ENI is spending, I think MEO SP should be worth more than the current price for their 50% share in Heron. Forget current cash, Seruway, TS and all other permits. It looks like individual pieces are lot more than the entire pie!
I can feel the tremor for the volcano to burst the SP high up in the sky that would be lit by a big flare in timor sea that will lightup the shores of sumatra all the way to Thailand!
MEO Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held