I am little confused here(an beleive me that doesnt take much !!)
The last cap raising they had @.45c was to ensure they had enough money to commit to drill if need be..
so if they give the farminee the whole 70% then what happens to the money they raised do they just bank it? Wouldnt make sense would it? My take on the minimum 20% is just that.. the bare minimum they will have left after the Farminee is going to 20% in other words do not be at all surprised if it turns out to be more.
Like i said..just my take on the wording..
MEO Price at posting:
40.0¢ Sentiment: LT Sell Disclosure: Held
