Ronstieb was totally correct. Those dreaming of a Dollar etc are getting a reality check! Does not now matter who the Farminee is , could be Exxon and would not make one iota of difference to the value. Key point is deal is done and MEO will retain min 20%. Plenty of opportunity to buy over next 9 months pre drill is how the market is seeing this. Subject ofcourse to there not being any further value adding deals with the new partner. DYOR
MEO Price at posting:
49.0¢ Sentiment: None Disclosure: Held