MEO 0.00% 0.0¢ meo australia limited

Thanks very much iam Basic summary is even that Artemis failed...

  1. 2,755 Posts.
    Thanks very much iam

    Basic summary is even that Artemis failed if Petrobas wish to procede with a second well MEO is still free carried and still get the bonus!

    Wow I sold out at 22 cents but brought back in at 20.5 cents realizing how very little the market had factored in the other projects after cash backing. Currently have a sell order but think I will pull it.

    This price in my view is the bottom and if Petrobas procede with a second well it will add maybe 50% to current market price. Lot of money they spent for just one go and realistically what is MEO worth with 100 million and Heron/Blackwood etc..the only way is up
 
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