Meridian Petroleum PLC : Onwards into 2007/2008

oh we are all very touchy this morning.

taking a balanced view,i can see both sides,although having lost 25k in LGB,its a tad too much to compare mrp to lgb.

i agree, the rns and deadlines have been a joke,however we cant escape the prospects they have.

imho it was simply down to lack of sufficient capital ,mgt beibg spread far too thin across the globe.

with more funds raised at a fair price,a proper JV in place with local players,there is every chance of success now.

but as with all shares in particular the AIM,there is higher risk,but also higher reward.

if you arent happy then sell and move on.

i hold from 18p and will continue to do so.

if they nail it in january then these will fly and if it has just been down to cash ( which i believe now it was) then that has been solved.

make no mistake,its a risky hard game the small cap O & G SECTOR and it can and does go wrong.

but we are all here just in case they get it right!!!, and imho the odds of success are now back in our favour despite all the crap of 2006.

move on,MRP have hopefully and now the shackles should be well and truly off the company,perhaps they can atlast get some cashflow coming in.

still the best time to be in ,imho.

for me,i am happy to see what joys january will bring,if they fuck it up,then yes i may move on.

but for the sake of a few weeks and so much in the pipeline and now with cash,i still say the odds are on our side for success.

level2 anyone??