We'll have to wait and see Jurgens response to Utes...

We'll have to wait and see Jurgens response to Utes competition.

Seriously though, I don't think Jurgen will under sell us after all his diligence. If it should come to pass then it will be cash or shares or both.

I think the least it should be is the risked value of $1.17 for Artemis alone. The unrisked value is above $3.00 for Artemis.

In addition to this is the value of the Tassie Shoal interests need to be included so a figure in the mid range between Prawno and Ute at least.

The highst price achieved by MEO is around the $1.50 mark so, for long term holders, I wopuld need to be be higher than that.