Crownroyal, if MEO's Board of Directors can't deliver the goods in the next NR, then they will have to face that fact that they admitted having Material Information, that shareholders are entitled to have, at the time of the AGM, and failed to release that Informaton to the owners of the company, in keeping with rules of the TSX.
If MEO's mgmt can't carry out their responsibilities, then they should step down.
At the AGM, Bill said that he was willing to step down anytime if someone wanted to take over. Doesn't sound like a committed CEO, so maybe he should. Bill appeared to have the skills to pull the money together for the drilling, but now that some Elephants have been found, a more technical person should be running the company.
Kindest Regards
Calgarian1