PowerPoint Presentation



Annual General Meeting: Managing Director's Presentation ‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌


November 2015


Corporate Overview



2


Company Overview



MEO Australia Limited (ASX: MEO)

Share Price (as at 23 November 2015)

$0.016

Shares On Issue

750.5m

Options On Issue (exercise price $0.50)

4.2m

Market Capitalisation

$12m

Net Cash Position (30/9/15)

$5.2m

2.5


Share Price (cents)

2

Historical Share Price (12 months)

Millions

15

Volume

Closing Share Price (cents) 13

11

1.5 9

7

1 5

3

0.5

1


0 -1



  • High impact portfolio of projects offshore Australia, onshore NZ & Cuba with strong cash position and low enterprise value - significant leverage to upside potential

  • Revamped strategy under new MD and Board

    • Focused on high-impact activity from existing portfolio

    • Strong cash position enables MEO to be opportunistic in current market downturn

      MEO Key Projects


      AC/P50 AC/P51


      Tassie Shoal Projects


      WA-454-P WA-488-P


      Cuba Block 9

  • Material near term news flow from NZ, Australia & Cuba

PEP 51153


Action Taken in past 12 months


Reshaped and refocused MEO Australia


Key actions


High grade exploration portfolio as part of financial discipline


Varied permit commitments to provide greater flexibility


Secured Block 9 PSC, onshore Cuba


Reduced overheads by 60% compared to 2014 Financial Year


Successful defense against Mosman Takeover Offer


Smooth transition to new Managing Director and Board

MEO Australia Limited issued this content on 15 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 April 2016 23:18:22 UTC

Original Document: http://www.meoaustralia.com.au/page/Investor_Relations/Presentations/25_11_2015_-_MEO_Annual_General_Meeting_Presentation_2015/