doctornoh,
As a back up plan, I think that MEO would be able to do a CR to raise around $40mm. IMO they could place some shares with instos. and a RI at around 40cents per share. There would be enormous upside to the shareholders if they kept 70% of Artemis and funded the drill. Rig rates have come down a long way and it would be a lot cheaper for MEO to do it alone. It appeals to me as an MEO holder.
ANZ
doctornoh,As a back up plan, I think that MEO would be able to...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
