The news from MEO continues to read like it's a side project for Brownie & Co. There's no material progress, nor passion, just a continuing hard luck story of their travails. The fact of the matter is that management of this company has been consistently incompetent at choosing partners (not a single solvent or value-adding contribution from ANY of the rogues gallery that has included Black Rock, Penine, Austin Dev or the others that have gone broke and disappeared from the TSX altogether). Not a single business of any substance has shown any interest in their properties.
Corker was a promoter/gambler with no business or technical skill whatsoever. Brownie may have inherited a lemon but he shows little animation and seems to be just pushing manure uphill.
My MEO stocks are wallpaper. FUTURE INVESTORS BEWARE ! ! !