That's one way to push out MEO's funding commitment for...

That's one way to push out MEO's funding commitment for Breakwater!

Give the company some more breathing space.

Let the oil price stabilise and perhaps return to $60 - $80 range.

I'm starting to see a gradual and methodical approach to stopping the rot, reducing near term funding commitments, and putting in the foundations to build a viable business. Encouraging signs.

All the while, MEO holds enough cash to "not only survive, but thrive".