A master move by MEO management to now throw open the bidding on TS and force this project forward. EV partners would have to be interested in crunching the numbers given the massive savings commercializing Tassie Shoals, as one would expect GDF Suez/Santos's recently stalled Bonaparte FLNG project to also be keen.
Bidding also raises the stakes for ENI's pending decision to drill/abandon Heron/Blackwood with a decision due on the 29th of this month. Strategic moves just like a game of chess!!
MEO Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held