That is assuming MEO only retains 20% of permit. All announcements have stated that MEO will retain at least 20%, so possibly more. We also know that MEO now has the funds (not expertise though) to go this thing alone, meaning it could potentially retain 70% (current holding).
I don't think MEO will, and I think it would be an unwise decision to do as such, but until such time as MEO makes an announcement of conditions of farmin, all is speculation only.
MOG Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held