These are my best estimates. Nothing is certian, so I opted for 97%.
I think the PF would by very pleased with 85% and likely already has FROR agreements in place with a 28day expiry (standard in these sorts of negotiations, even in M&A). The current hoo ha is just to pressure CUE now, but it is very unlikely PF will walk awat hence my 85%. Even if PF finds the JOA unworkable, a new partner could be introduced easily hence pt2 has 95% POS.
Fred1 - YES YES YES.
This about the 234,555th time I've said this, but look at the MEO board. They would have dynamic project eval scenarios running these sorts of prospects DAILY, so a focused and dynamic company like MEO is is the boxed seat to develop some of these innovative ops like TSMP.
All will be revealed in coming weeks, and MEO has already booked 3-4 conferences, so they expect something big to announce.
MEO Price at posting:
33.0¢ Sentiment: LT Buy Disclosure: Held
