I find it really amazing pretty much every post here is about Mosman and its "issues"
Gentlemen and ladies , please think of MEO . We have nothing but expensive permits and not nearly enough cash to Stay in business for more than 18 months tops . And that is just using the cash we have for solely admin and wage costs. We have announced no drilling and no farm in is actually happening .
I read I think staymour or spitfire or slater or the usual saying mosman has no cash and can't move on any permits . They laughed at this . Laughed , gents this is the situation MEO not mosman is in !!!! Wake up .
We have permits that the cash we have couldn't cover the paperwork ! Lot alone drill . Mosman have cash yo move on murcheson which could be the big news there .
5 to 1?? I'm amazed the offer is now this . I'm glad I didn't commit but now ?
What happened to,this unnamed farm in ???
I'm tired of hearing how bad mosman is , how about actually discussing MEO ? Oh that's right we are all fine , bury the head in the sand etc .
The figures said here about mosmans murcheson program are way out , it's onshore not offshore , fracking is pure nonsense and won't even be a consideration in NZ . SRK are a very serious entity and are operating in many countries and areas . To say they are bias is scandalous . I'd be very careful of making statements to the contrary . That report is valid and paints a fantastic picture , cross drilling which hasn't been done there yet will be very new and prob rewarding .
Too many posters with bias views and anger at mosman rather than addressing MEO problems .
MEO Price at posting:
1.7¢ Sentiment: None Disclosure: Held