Thank you for your professional and constructive criticism no challenge with being on the opposite side of the fence --would be great if more people handled their point of view the way you have
1) He was challenged about that very point (Good on you who ever it was that stood up on behalf of share holders) and this was his response
They started out with a simple farmin deal that became a much larger asset as a result of the great work done by the team realizing that the asset was much greater, they looked beyond the scope of a simple farm out deal and wanted to reposition themselves to give more value for share holders and they found that more consideration needed to apply to gain share holder value on a now far greater asset (those who were there please help me with more detail for those who were not there)
This required more due dilligence and more legal preparation
2) He simply stated that when you are dealing with a major international company as a joint venture partner they are not as easy to gain decisions as quickly as a smaller company, due to this only being one part of their agenda ---but he quickly reassured that they are ready, its just simply a matter of timimg and if the timing does not meet our agenda then Meo is now in a greater position to handle any dead line as it is cashed up and now has the option to make its own play if necessary --it is not tied up over a barrow ---this is how I heard it --others who were there can you plaes add ( I believe the time lag has positioned meo into a greater negotiating position)
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