No done deal yet and even though the market has absolutely no stomach for non-executed deals/operations etc in this economic climate. I am surprised that there hasn't been more SP climb on the back of probabilities for MEO considering the back up strategy chances.
I look at it that at worst case scenario, ENI will want Tassie Shoals for Evans. The rest is just considerable whipped cream IMO. What that will it make? I have no idea, but I consider it may be worth more than what the SP is now, even if I have to wait a year or two.
Each to their own, just surprised a little is all.
MEO Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
