re: Ann: MEO: MEO Executes binding farm-in ag... Correction Sir,
IMO - One would think that it is to Albers advantage to have the COS and TCFs as low as possible. After all he is backing in the asset and getting issued shares in consideration. The more negative the persuasion, the lower the MOG SP and therefore a higher percentage of shares in consideration is more acceptable.
This point counteracts your implication that the MEO numbers are too aggressive and that MOG's are correct because their numbers are prepared by "independent" experts. Remember - S&P, Moody's and Fitch are all independent experts and that didnt stop them putting AAA on rubbish!
Who knows precisely what the COS and TCF at this time - let's just leave it at that so neither of us can be accused of misinformation. I would not like to see novices swayed by misinformation from any party - myself included of course.
Cheers, Gasbag
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