More of a question than a comment here but I assume MEO as 70% owner have some obligations they must meet in relation to their joint ownership of the permit ? ie Do CUE or MOG have any rights or MEO any obligations to the others re the permit.
Presumably MEO cannot do anything with their share of the permit (even if a share is onsold to the PF) which would be in breach of any obligations they have to CUE/MOG under the JV ?
riddle within a mystery inside an enigma...., page-22
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