re: Ann: MEO: MEO Executes binding farm-in ag... Jakspara Simplisticly.
Say Artemis proved up a 10TCF resource for round figures.
Mog 15% = 1500bcf @ 50c inground = 750m
Understand 288m shares.
750:- 288 = $2.60 per share.
Current price .15cents to 2.60 17 bagger
MEO 20% 2TCF $1000m 477m shares about $2.00
40c to $2.00 5 bagger
CUE 15% 750m 700m shares about $1.00
29c to 1.00 3.5 bagger.
Note that only a short time back when this debate was going on CUE was at back in the low 20's using the same calc's it was about the same or not much worse ratio than MEO in regard to success at Artemis. That is why when taking into account Cue's other assets and limited downside it made Cue a far better vehicle than Meo for exposure to Artemis. Not that the Meoites would agree.
( now they are complaining about bots ).
I know that this is all very simplistic, but I believe it is quite valid in these situations.
Even now since CUE has been re rated the CUE MEO debate is not clear as Caterina is potentialy a game changer for CUE as well.
I am openly biased towards CUE.
If Artemis is duster as is most likely then there will be far more carnage in the MEO camp than the CUE camp.
MOG is a different case of course, and clouded as you say by the likely cash raising.
Each has their own strategy and good luck to all.
E & O E
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