Dr DazSorry to be the devils advocate mate but the farminee for...

Dr Daz

Sorry to be the devils advocate mate but the farminee for Artemis is not a definite thing. They stated in their last quarterly that they have chosen their preferred farminee and that the farminee received board approval...thats it. Nothing has been signed off on and none of the finer details have been decided upon, they are not even sure if they will need to give up more than 50% as MEO clearly states that

"MEO has offered up to a 50% interest in the permit to the preferred Farminee and expects to retain a minimum 20% interest post farm-out.

Notice they use the word expect. Nothing is certain and if the price of oil keeps falling the whole deal could fall through. That is probably a good reason why the share price is being held down. Suggest waiting for the signed guarantee of a farmin partner before the SP heads north again.

Just my thoughts....cheers