MEO 0.00% 0.0¢ meo australia limited

"Today Meo must be Happy as,I know i am.I must admit I lightened...

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    "Today Meo must be Happy as,I know i am.
    I must admit I lightened my Meo stack today, still holding half till near spud.
    PB must be rapted as well.50% for $39 M and a one hole commitment to see if they won 6 Tcf is small change to a company that size.+ they know,if Artemis sings,they will probably end up being free carried & some through the drill themselves by Meo & Mog with the "various relatively minor adjustments to the JOA" that they both conceeded, and will have to live with for the next 20-30 years.
    I guess this is the price M & M must pay when asking to play in PBs Sandpit.
    Anyway I doubt many on this forum really give a toss about the potential cost to Meo in the longterm.
    I know I dont and will have moved on.
    Good on the Day.
    Hope everyone made some coin."


    kimbo before giving a serious response, are you for real or having a lend? One could be forgiven for having a few liquid refreshments on a day like today and being a little hazy. Otherwise glad that you are "rapted" and havn't "conceeded" the fact that MEO have pulled off a good deal. Afterall we wouldn't want anyone to think MEO is more favourably positioned in the JV than CUE would we?

 
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