MEO 0.00% 0.0¢ meo australia limited

The management:The Artemis play is a huge...

  1. 5,813 Posts.
    The management:

    The Artemis play is a huge structural/stratigraphic gas and condensate
    target located roughly half way between two of Australia?s largest LNG
    export projects ? Woodside?s North West Shelf and Chevron?s
    Wheatstone. If MEO and its partners connect the dots, the company will
    move into the major league rankings of the LNG-scale gas production game.

    Only one drill and no Gas found. Very strange.

    MEO?s participation in such a high-impact exploration play ? with up to 12 trillion cubic feet (Tcf) of gas ? is more remarkable because of the way that the company has minimised its financial downside.

    Yeah... What a way....and indeed - Very very remarkable !

    BUT the Company did not minimise the shareprise downside for the actually the true belivers in the company !!!
 
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