Meo market cap 43
Less: Cash 16
Enterprise Value 27
Blackwood well costs ??
Heron well (Do you think ENI will just leave it :-)) ??
WA-454 (drill cost for 50% @80%) 16
WA-454 (cash for past cost) 5.6
WA488P ??
AC/P50 ??
AC/P51/ 53 ??
Tassie shoal project with approvals ??
Seruway PSC ??
WA360 / 361 ??
If you sell each assets individually can you recover more than 27m, food for thought. What do you think should be the real SP? What is the total economic benefit that MEO has based on the farmouts / potential farmouts??
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