it appears MEO's future is starting to look a lot brighter,,,
$110k cdn from Mulligan
$240k usd from TN - to be used to recomplete existing oil well, possible to do more than just the 1 well? maybe if all involved are ready, willing and able?
Funds to build the pipeline at Pincher were set aside before the above monies were received,,,expected revenues after completion $50k-$100k monthly,,,this info from the PP presentation on MEO's website,,,
concentrate on completing what MEO currently has and generating revenue,,, look at a rollback and larger equity financing when Pincher and MH#3 have stabilized and are generating revenue,,,and yes eventually it will be necessary,,,but show potential investors and shareholders something tangible first,,,after how many years???
jmho and glta
SunSeeker