I don't take it as a given, on two counts: 1) Announcement repeatedly refers to 'farminee', and 2) By taking operatorship of the licence the farminee effectively takes control of what could be significant/strategic Aust asset, particularly in that location, so FIRB appropriate.
Having said that I could see a staged farmin whereby MEO exits entirely, so a large cash payout for MEO's post farmin remaining percentage (can't think of a precedent for this however) and farmin major also does some kind of deal with the juniors CUE & MOG, maybe cash paid to each for part/all of their equities and production royalty. Just random thoughts, all welcome to pick this apart :)
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