The Government has now indicated that the continued success of...

The Government has now indicated that the continued success of the Resources Sector is more vital than ever to the Australian Economy.This places Meo in a unique position in that it has attracted a Major new Resource Company in Petrobras to Australia. The Government will welcome Petrobras with open arms as it brings financial strength and expertise to develop Artemis which could be a major Gas Resource and which could be developed quickly to provide income for the Country. Once Meo supervises the Exploration Well in Artemis , the control and the responsibility to develop Artemis , passes to Petrobras.Therefore for Meo . Artemis becomes a mature Asset which it has a 20% interest in.Meo has become an attractive takeover target. Meo has 20% of Artemis, it has cash, it has a relationship with Petrobras ,it has a strong team of experts in their field and it has other exciting prospects. Possible Suitors are 1. Petrobras : subject again to FIRB 2. Woodside : gains relationship with Petrobas and access to 20% of Artemis Gas and other Meo Projects. 3. Clive Palmer : previously a major Shareholder and supplied funds for drilling of Zeus. Meo does not have any Major Shareholders with the top 20 Shareholders only comprising about 20% of total Shares. If there was to be a Takeover Offer , it would be likely to be before the drilling of Artemis.These are my thoughts only and are submitted purely for comments by other Contributors if felt warranted.