I'm not disappointed at all that they have suspended it. With...

I'm not disappointed at all that they have suspended it.
With the Evans Shoal stakeholders still to meet early this year, it will
become clearer once Shell divests it's stake in ES to a more amenable owner
who is not constrained by Shell's desire to push their FLNG bandwagon.

It will also be less costly to MEO not having to pay UBS to find a buyer.
It will just take more time to come to fruition.

I have a feeling that the "value realisation initiative" was the outgoing CEO's
last throw of the dice, knowing it would fail.

It isn't costing MEO anything to keep it on the books until the nearby stakeholders
get their act together and see that TS as the only viable solution to getting all that fizzy gas
to market.