exactly hassko,you cant really blame management...you can blame...

exactly hassko,
you cant really blame management...
you can blame the drill bit, and the fact that it was a high risk well to start with...
It has been very interesting reading these sorts of threads over the last year...
some people should not be investing here...
I dont claim to know it all, but who really does when we have to try and decipher a market release and read between the lines... I mean those drilling reports can be worded any which way they wanted it to read...
As far as im concerned no news is bad news---> secondary target...
Because of high risk drilling Ive steered away from it (on big positions), and instead find oil stocks with good fundamentals and throw in a big target well for free... ie a well that is downside as protected as I can find it...

others im sure understood the risks of Zeus...
theres no harm in having a little gamble...
hey even I had a sneaky peaky at CTP awhile back... hehehehe...

MEO did a great job in attracting a JV partner at the time...
and getting RDI to fund a big porportion of Zeus...
what more can you ask for...