Cash bonus contingent on FIRB approval.
So effectively paying 100% of well (i expect the well to come in around 80-90m inc well test) to get 50% equity, that is more like it.
I misread and thought that the cash bonus was contingent on successful first well so I stand corrected, thank you for that.
I am still out until they drill A1.
- Forums
- ASX - By Stock
- meo executes binding farm-in agreement!!
Cash bonus contingent on FIRB approval.So effectively paying...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)