top 20 shareholders, page-18

A66-

"What went wrong? I haven’t seen any detailed explanation from MEO. "

And that is the root of the problem...no transparency in their dealings with shareholders and why they must change their policy and come clean with investors.

They have been very reluctant to share information in relation to ALL their drills and exactly what went wrong.
To just say it's the O&G game is just not good enough any more if they want to restore confidence with the good people who OWN the company...you and I.