MEO will depend on a JV partner, What will happen?... MEO will...

MEO will depend on a JV partner, What will happen?... MEO will be asking for a high price for a New Potential Partner ...
Over time they will drop their offer... Its kind of like a slow death, Who wants a piece of this asset? haha...
We will find out Soon, or later...
If its not soon then SP will fall back to 20cents...

with that and placement after placment required...
I reckon it would be easier for them to farm out a stake in Zeus, compared to that of Blackwood, Heron...
Big Mistake that Blackwood was not flow tested...
The Big question some of you want to ask yourselves
...
When Is re-entry...

re Its One year Away from redrilling these structures at best....

And Zeus Later this year, is a smoke screen for the Real value behind MEO's current market value run up...Zeus will have to be farmed out So that MEO only have around 10-15-20%...
MEO cant afford it....
I can name half a dozen Coal Seam Gas Stocks that will out perform this easily with much less risk... the CSG Resources are much bigger, cheaper to drill, onshore, less risk...
The Valuaion on MEO of $1.98 is poor form...
and the run up is unjustified on REAL value...

Hype, Manipulation has added all this value to your shares... There has been no material increase in real VALUE... As An Investor, what you want to aim for is REAL value which drives a company...
Real value= material Value increase on a company which has be measured by increased worth

Because without it, You end up getting played like a fiddle, through pumping and dumping...

What Im saying is "Large institutions Control this Share Price"... Normal Market Forces, IE- Share price increases, "Ohh", must be a good project then... pump a dump...

Look at what Xtract is doing.... bought 5 million shares in April, sold them on 3rd June Annoucement...

smoke and mirrors...
If you like this stock so much, then Come back just before Blackwood re-entry... Im sure that SP will hit 20cents within the next year Unless Zeus comes through...


Zeus Should not attract a whole heap of value to this company...
Just watch CUE for REAL direction...
Could be worth a play for Zeus, through CUE Which is a much better entry...
cue (has Developing Projects unlike MEO)...
Bye...