t/o; has to be aroow

If this csg play is to be taken over, one would think AOE is the likely suitor.

why?
-position - AOE tenements basically surround MEL's
-AOE has quite a large stake of the Clarence-moreton basin by land value; estimated reserves 13.7tcf by AOE.
-Good map in the latest ESG investor Presentation- relating to location

drawbacks
-AOE hasnt really focused on this area as opposed to the attention given to Bowen + Surat.

positives
-AOE has $$$
-Since losing PES - $$$ to spend.

I dont hold MEL, might pick some up after AOE make there intentions for PES clear.

-I think we all know MEL is cheap - 2P/3P, values, gigajoules, etc

Like to hear your thoughts on a T/O suitor.