I respect you opinion as you are entitled to it, however I...

I respect you opinion as you are entitled to it, however I disagree.

This announcement has not gone down as expected. They have made again not announced the JV partner. I think that once the partner is announced and the deal then you will see the SP rise and therefore the market has not already factored in this announcement.

Today's announcement has not revealed the JV partner or the deal that has been struck and hence we have seen no real SP movement. Although I find it reassuring the deal has gone through because as stated by attitude in a previous post, we now have confirmation that the deal has been approved and we will not have to go it alone.

Considering the SP rose to 82 cents on expectation this deal would be announced a few months ago I think it can get back there as there is obvious value in Artemis.

The only difference now is that the board has stuffed around Meomites with dates so much that people are being careful and therefore no longer trader on rumor and speculation.

How you can suggest that the partner is priced in without knowing a single thing about the deal is in my opinion a throw away remark with no backup.

If Petrobas is the partner for example, I would find it a phenomenon for the SP to stay below 60 cents.