Meo made some noise today about TS...most posters agree that is just dribble...or empty filler?
The major market for the TS methanol or LPG is In Asia so at least the area this possible major partner is located is logical.
I just posted the other day that " not a lot will happen regarding TS till early 2014 when the FID process for ES is well under way"
This was based on the premis that Eni is/ could be interested.....in using TS to develop any gas it finds in the immediate area.
Meo are introducing competition into the TS solution.. Not going to beg Eni or any one else to take TS.
meo playin "slowly..slowly catchim Monkey"
Start with are u interested in talking..sign non binding interest...oopps there are others interested u better sign a MOU....Sign a contract or you miss out.....
Company boards authorise the non binding stuff quickly...once they invest their time into the project...it's easier to commite to the binding stuff..
Not sure now about timing for TS?
MEO Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held