MEO 0.00% 0.0¢ meo australia limited

The agreement between the Aust Gov/Woodside and Timor over...

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    The agreement between the Aust Gov/Woodside and Timor over Greater Sunrise expires in 9 weeks.

    See a small extract from a very definative and interesting document - with the link listed, at the bottom.

    MEO say things are hotting up at Tassie Shoals....I would imagine they would dare not drop even the smallest hint, other than that....because of the huge stakes and issues at play here.

    On many MEO presentations however route has been sketched in from Greater Sunrise to Tassie Shoals.

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    FEB 23, 2013 - GREATER SUNRISE

    ....THIS IS THE SHORT TERM DRIVER FOR MEO SHARE PRICE.
    ______________________________________


    "if a development plan for the Unit Area has not been approved ... within six years after the date of entry into force of this Treaty [that is, 23 February 2013] ... either Party may notify the other Party in writing that it wishes to terminate this Treaty, in which case the Treaty shall cease to be in force three calendar months after such notice is given."


    http://www.laohamutuk.org/Oil/Boundary/CMATSindex.htm


 
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