MEO meo australia limited
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Reality of the situation as I see itPetrobras have not been...

  1. antibotter
    13,153 Posts.
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    17/12/10
    08:30
    Post #: 7625935
    Reality of the situation as I see it

    Petrobras have not been mentioned

    What will this company do

    If they decide that another drill is in order, MEO need to put in 25 percent of the cost (assuming 40 milliion) - approximately 10 million dollars

    MOG need to put in 4 million dollars and CUE another 6 million dollars

    It is all hinging on Petrobras???
    MEO Price at posting: 25.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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