Have to say that over the last 6-8 months I have been very impressed by the management of meo. They raised money at 45c, have executed a farmin with a global major despite complications in the deal, have bought more of artemis using petrobras money, have put the announcement out to the market without actually spending any money yet. Tick Tick Tick.
Keep it up boys.
Let's not forget other majors have approached the company for a possible farmin on blackwood etc.
The only downside is that being a small company the communication could sometimes be a bit better but then again they cannot ever be accused of putting out drivel.
The world markets are fragile at the moment but I don't care in the least (well after firb that is) because I will be buying more if it ever went lower.
Mick.
MEO Price at posting:
29.5¢ Sentiment: LT Buy Disclosure: Held
