aquires another 5% in wa-360p, page-4

This further indicates to me that MEO are
1. Very confident of FIRB approval - would not want additional holding in asset that they will struggle to drill alone

2. Very confident of what WA-360 has underground

Very happy with this. MOG obviously realise the it needs to be prepared for drilling costs and as such is willing to sacrifice % in order to fatten bank balance