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Message: Re: Lets discuss revenue projection for 250-750 bopd per well per yr
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Mar 27, 2008 08:25PM

Sorry, I press on the submit button.

I continu

If P/E ratio of 15 is used, then the SP is $2,071.

Further, those numbers do not include Alberta.

Of course, the spreadsheet is from assomptions as we dont have the real numbers yet.

It was done to shed some light of what may happen in the future if our expectations are met.

As of this morning, I'm deeply convinced that the SP do not reflect the potential of MEO and that the market has not realize yet the last NR.

That being said, MEO will now have revenu. If you look at where MEO is coming from with no revenu and what it has done from that situation, just watch what it will be doing with revenu.

They have a bunch of good people and working in a difficult environment in Tennessee.

Oh, Tirekicker, you have not put a price on the share....yet

Regards to all

ecce

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