Agree
the most valuable activity going on at this moment is the UBS lead TAssie shoal initiative...I recon this is negotiation at its best.....get the most possible interest to creat demand ..It clear to me that it is aimed at putting pressure on Eni to show its hand....
Eni has a plan and TS in my opinion was in this plan........the issue is that Eni dont see an urgency to take Meo over or take TS...
Evan Shoal has been around for 25years and the majors dont seem to mind just holding on to resources for a future date years from now....no rush...
Meo doesnt have 25years.....but can negotiate and create demand for TS in a very short timeframe...
We can speculated debate....in my case disagree...on
What an LNG site complete with all permits is worth...but what is beyong doubt is that TS on its own is worth more than the ....
Total Market Cap of Meo...
i think a poster said that Meo is undervalued.....and my Buying Hand agrees..
dyor
MEO Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
