the joint release, page-32

Hey good Dr,

I am happy to run with your optimism re SP but I think the stench of the stale bulls will be overpowering.
IMO, assuming PB deal is consummated, we are likely to see a flood of selling from stale bulls. I suspect MEO SP will have trouble breaking north of 50c immediately post announcement. MEO supporters may be disappointed but that's the reality of the market place in the short term.

Don't get me wrong, I am a significant MEO SH - i will be guided by the details of the deal AND I do see huge opportunities re Tassie Shoal/Sunrise/Evan Shoal/Timor Leste in the longer term. Importantly, I see JH having the ability to put a deal together. IMO, much of what goes on is probably political but getting MEO into limelight is what's important for its SP. In JH I trust.
I am in MEO beyond the impact of this impending announcement.

Assuming of course that the ann is re the farminee confirmation. I hope so!

Cheers, gasbag