Panamax,

What is it about Nexgen that makes you feel they are competent to judge ? I'm sure you've read their filings. Those filings describe an empty, unprofitable shell with no sustainable source of revenue, a history of churning directors, hadly a penny in the treasury, entirely reliant on private placements, peppered with warnings and disclaimers about the risk of insolvency.

What partner of MEO or investing institution or employee or director does have a background that inspires confidence regarding their ability to discover, produce and market oil or gas profitably ?

The only attractive thing about MEO is the story. A gloriously seductive story with hints of taming the source of massive pressure that caused 2 blowouts but no demonstrable proof yet that behind the mirage is anything worth a penny.

If there's something I'm missing, please advise. I don't know any more than what MEO has released into the public domain over the last 18 months or so.