I dont know about the issue regarding becoming insolvent 12mths...

I dont know about the issue regarding becoming insolvent 12mths before Meo must pay for the drill...perhaps would pay a deposit for the rig and some casings..equipment....etc...but not the full 20% ...which is there exposure..

Doubt that Meo would forego 80% of a drill.....once an announement on the timeing is made could easily cash raise to pay for the rest .....if and only if they dont get fully free carried....Have no information that this may not happen..
dyor..