the problem all your DD has yet to identify...as all MEO longs this blog have witnessed first hand...without clear NR's requires trying to read between the lines....to guess what they have or don't have...the latest being shale..and the constant delays have left us blind...maybe deaf too. Most longs bought in at $.15 and today 2 to 3 cents...after $15 plus million.....yes your opportunity at this price looks promising.....but I can tell you to hold until real news breaks....we/most still believe...but its no fun waiting on MEO.....most would agree at this stage/time we should clearly know what we have.....they have let the gas/oil price advantage get away too.

Lastly, with this market there are many far more promising investment opportunities to invest in....many with oil/gas production...$$ in the bank and in time a sure 3 to 4x based on recent SP.

MEO longs