MEO 0.00% 0.0¢ meo australia limited

hysteria, page-25

  1. 521 Posts.
    Joestar,

    Presumably you have worked your way through the ASX releases and company presentations - loads of info there as it is with most ASX listed companies. Also, many of the posts here have been most informative. Personally, I would go through all available public info before I put my dough into anything.

    The answer to your question is - Yes.
    If the deal falls through with the PF for whatever reason AND no others have come forward then MEO will have to fully fund the Artemis drilling holding 70% equity. MOG and CUE have 15% each. Whatever the outcome, MEO remains a 70% equity participant but after the first hole all participants contribute proportionately to future drill costs.
    You should always double check with official information sources alluded to above.

    Just staying cool calm and collected.......

    Cheers, Gasbag
 
watchlist Created with Sketch. Add MEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.