MEO 0.00% 0.0¢ meo australia limited

why the negative comments

  1. 3,559 Posts.
    The sp began the day positively but all the posts about "no gas shows" may well have frightned investors of.

    At the time of the last announcement they were still 20 mtrs from TOP of target, In some wells, depending on the porosity of the ground, gas might be found leaking to the surface, but if the seal is good, there most probably wouldn't be any gas at the time of the last report.

    By now, unless there has been delays with the drilling, it may be possible that gas has been encountered.

    Lets keep the faith and wait for the next announcement and not speculate too much.

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