MEO meo australia limited
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we are go for launch, page-6

  1. Dr Daz
    2,041 Posts.
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    20/10/10
    20:56
    Post #: 7359633
    Affirmitive, regarding duration and timing. MEO has exercised an option to take the 4th drilling slot (next after Crux) and is now contractually/irrevocably entitled to the SV.

    The drilling result will be known by Christmas, and if MEO's master stroke hits the mark, so will the NT/P68 farminee and we will have had a good old crack at securing gas from MGN.

    Lots of volatility coming up, but with $69m in cold hard cash, the risk is to the upside.
    MEO Price at posting: 48.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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