Meridian Petroleum PLC : Onwards into 2007/2008

i dont think any small AIM oil & gas play could ever be described as low risk.

however the risk has been reduced and the risk reward is now imho more in our favour than ever before,in particular with some more cash in the bank.

many forget that the cash was always going to be needed to press ahead.

the fact that its only £1.25mill should give comfort as it shows imho that cashflow and profitability are very very close.

mkt open tommorow,plenty of buying imho.

i can see 25p tommorow.

MRP has been all over the magazines and tip sheets.

good value