MEO meo australia limited

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  1. 1,178 Posts.
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    Hi Folks -

    i believe that yours truly knows the ins and outs of Meo as well as any........ After 6 long years!!!

    The company blew it taking on the Sumatran Permits of which they were so confident - way too confident - and couldn't line up a drill partner so had to go it alone - which is really amateurish in hindsight.....and bloody costly!!

    Just as Eni were doing there damndest to see if Heron would flow....at least that didn't cost Meo..... But Gurame did!!!!

    The company have never recovered! permits tossed, but no real accountability ( which is what Prosper tries to say ...) - and the Collins St Dream Team still in spite of this survive....how??

    After a share issue at circa 2 c earlier this year the Sp took off on whispers of selling off a portion/ all of TS - ran to 8 c - so who made money? Not long term holders !!

    where is it now? And how is the amazing Dr?

    i really wonder sometimes....but if Jh had a cheap ute for sale....not for me thanks!

    Regards to all from days gone by-

    Cheers Ort
 
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