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Meridian Petroleum PLC : Onwards into 2007/2008

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papaduke - Wed, 03 Jan 07 :

any deal is better than no deal.

so what if ensight drove a hard bargain,if that means in a couple of years that our shares are worth 100p instead of 150p, who cares.

Ensight regardless of the terms of the deal,give MRP local contractors,equipment,knowledge,local clout, and speed of turnaround.

and hey,its a far better position to be in than last January.

afterall we are talking about a very small company (mrp),lets not forget this,things take a good deal of time to pan out,IF they ever do atall!!!.

but it just takes one of their projects to come off and the mkt cap will soar.

risk,yes at this level of business,yes risk, BUT the reward is potentially fantastic.

sit back and wait.

one thing we can say is that ensight will not mess about in terms of exploiting the potential of MRPs assets ( and theirs).


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