Bob,

As you may have read, several posters have reported that at the AGM and during phone calls, Cawker taunted them about missing their chance of selling MEO when the share price was 20+ cents.

I venture to say that those shareholders that didn't take some money off the table then were led on by Cawker's mirage of the "elephant" below Morgan Highpoint, the evidence for which remains undislosed by MEO management despite the millions spent on drilling and testing.

Since Cawker has led the company to an 80% decline in share price and now has to give away 5 times as many shares of our company for a given funding target than he could have at it's peak price, I guess it's our turn to taunt him and his cohorts for what appears to be gross incompetence in view of the fact that he has full access to drilling and test results.

If anyone has a different spin and can convince me that a brilliant management strategy is in play here that will lead us all to success and prosperity, I'll be the first to congratulate MEO management, sing their praises and eat my bloody hat too.

Best regards,