i agree Montec
when MEO hit 18.5c a few days ago it was just a no brainer
meo has been well oversold, it will bounce back
Heron will be the next focus, and when they sign a JV for this and near further drilling, the SP will again rise on expectation of success just like with Artemis, just in this case, the risk/reward will be less and therefore instead of a peak at 60c we may see 40/50c again
meo has 100% of NT/P68, and with a 50% farmout, potentially have exposure to 2.5tcf
people dont understand that this is similar to what they could have been exposed to at artemis, minus the cash bonuses and free carry
Heron shapes to be the next bit of excitement at MEO, and with 100m in cash, they are primed for another run toward 30,35c in the coming weeks because currently, they are still oversold IMO
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