MEO 0.00% 0.0¢ meo australia limited

Ann: Puka Production Shut in, page-24

  1. 784 Posts.
    mrmoshe
    Maybe we are at the pointy end of the process now.
    Note we are to be engaging with regional resource owners at the present .

    From the announcement you refer to:- ​
    MEO’s Executive Manager Business Development Robert Zammit commented:
    "TSMP1 represents a globally competitive methanol manufacturing facility and an opportunity for shortlisted buyers and potential equity partners to be foundation participants. As we mature the revenue side of the commercial supply chain and consider possible TSMP1 equity structures, we will sharpen our focus on the gas supply alternatives, including engaging with regional resource owners to present the TSMP1 development scenario for their consideration."

    Further the so called Mosman takeover offer could have been put at any time since it was mooted.
    Why wait until February?
    May be the result of talks with suppliers for TSMP will be in before the Takeover Offer from Mosman is presented.
    Making the offer irrelevant.
    One can only hope.
    Cheers IFINO
 
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