What I think is the most interesting of this release is that...

What I think is the most interesting of this release is that they state that the farm in is still on track for 30th of September and to expect a re rating. It is unlikely (although not impossible) that they would be making this statement without being extremely confident of announcing the farm-in partner in the time frame and it being a major player.

I am still a little cautious about this stock, although heavily invested. But I must admit that all the current circumstances do point to MEO being in a pretty good position and there is a real chance for a major sp spike. But of course there is still a huge risk attached to this.

I just can't see management wanting to pump prime their stock if they thought there was a chance of failure, just doesn't make corporate sense. It seems that the closer they get to the deadline the more confident they are, this is a good thing

I hold and hope that it's pay day in 2 weeks time