You got to admit it Kiwi its a Bad Play by the C's of MEO. It is a very negative announcement. The big story at this moment is Artemis, instead of giving it momentum, they have taken the winds out of its sails... God damn today is the day for spudding A-1..
My view on this is if they wanted to CR, then they should have a few weeks back, not now... It is just silly...
Everyone though MOG would have done the CR not MEO, but wow this is just dumb...
Find the HC then raise capital and grow to be big.... If you cant find Gas then you stuffed anyway... Whats 30mil in the kitty going to buy you... Recovery over time...
If MEOs other resources were that good why CR now? If A-1 is a duster surely MEOs other assests will help it recover... MEO C's must be negative on MEOs other resources as well... Idiots.
You got to admit it Kiwi its a Bad Play by the C's of MEO. It is...
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