BSA Posted June 19, 2009 Share Posted June 19, 2009 Oh dear, was having a nice warm bath and I didn't notice Exceeeelent as I made re entry the other day(gap closure) and was a tad nervous if I should have or not. Cheers Link to comment Share on other sites More sharing options...
wizzkid Posted June 19, 2009 Share Posted June 19, 2009 Hi BSA. Someone from HC reckons its a buy rec. from the ASI. Cheers Link to comment Share on other sites More sharing options...
Ooops Posted June 19, 2009 Share Posted June 19, 2009 Well all I can say is WOW. I had an auto order in at the gap. A little reckless but I can't get to PC much. I am a happy Ooops Link to comment Share on other sites More sharing options...
sabretoothed Posted June 22, 2009 Share Posted June 22, 2009 Moving well hey Link to comment Share on other sites More sharing options...
moses Posted June 29, 2009 Share Posted June 29, 2009 Anyone have any idea on the timing of their projects . Both exploration and their LNG Timor Sea and Tassie projects ? I looked through the most recent company presentation and a few other documents but can't seem to get a feel for what the proposed timelines are for any of these projects ? Are they waiting on agreements with other companies ? Is there a timeline published from some time ago ? Your thoughts ? Link to comment Share on other sites More sharing options...
bello Posted June 29, 2009 Share Posted June 29, 2009 Tassie Shoals is potentially a massive ongoing shareprice driver . MEO says there are 25 Trillion cf of stranded gas in an accessible radius from the proposed project . MEO drilled two wells in that radius last year and estimated 1.7 Bcf recoverable from one well and got reasonable flows from the other well so they are obviously a potential initial supplier to the project . The LNG/Methanol project is claimed to need to need only 1.4 Bcf as a base reserve, as I interpret . Anyway, I speculate that MEO is not only doing roadshows to get financiers and brokers aware of the potential, but also to get stranded reserve owners to sign MOU/HOA/supply/JV deals . There could be potentially numerous deals to come MEO's way . The government appears to be in favour of the project and the reality is stranded gas now appears to have an avenue to market . Who knows when exactly the deals get achieved but when they do it will see the company and the project rerated dramatically . Methanol prices are on par with fuel prices . As for near term price drivers - WPL and Chevron will have a say in that . Price seems to be consolidating . Link to comment Share on other sites More sharing options...
BSA Posted June 29, 2009 Share Posted June 29, 2009 Yes Bello, its an interesting play and like many some huge potential here. It certainly has stimulated some market interest,...with todays volume already higher than the last two days of last week it looks like attempting to move on to higher levels(I hope) a close above 23.5c res would be nice. Cheers Link to comment Share on other sites More sharing options...
BSA Posted July 2, 2009 Share Posted July 2, 2009 ...yes indeed and nibbling above the previous 27c high from the 22nd,...now can it break this high with conviction and hold above eod. Link to comment Share on other sites More sharing options...
mme Posted July 2, 2009 Share Posted July 2, 2009 BSA matter of interest if it does this where is the next resistance? Link to comment Share on other sites More sharing options...
BSA Posted July 2, 2009 Share Posted July 2, 2009 Around mid thirties. Link to comment Share on other sites More sharing options...
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