Funny how some people have short memories. People were knocking Jurgen when he raised the money last year at 45c (I think that was the price). That cap raising guaranteed the drill before end of this year whilst placing pressure on the other parties to come to the table. Now when/if firb is passed we will have a war chest of funds without spending any on the drill. A lot of other companies would be happy to have this amount of money in these times I am sure. Although I do look at the sp each week the fluctuations don't bother me because of the underlying assets of the company. I bought some more last week and if it stays here or lower will buy more.
Management is key in small caps and I am happy to put some money where the management is.
Mick.
DYOR.
MEO Price at posting:
29.0¢ Sentiment: LT Buy Disclosure: Held
