calculate, page-5

Zia,
What do u think would happen to the SP if MEO funded the Artemis well itself and kept its 70% interest. The SP would go through the roof and they then would have no trouble raising further funds for appraisal. The project is then derisked and funding would not be an issue. I agree with k111 and holders would be better off IMO.

As far as I am concerned, if MEO can't farm out Artemis with a deal it is happy with, MEO should go ahead and drill it anyway. There is no mway I would support giving Artemis back to Cue/MOG.

ANZ