Papermony said: "Along with that concern is also my concern that the release said....'an announcement' rather than 'the announcement regarding the outcome of the farmout'".
The key to this statement is the word "outcome". Outcome=result=finalisation=complete=done deal
If a deal wasn't complete yet then MEO would have nothing to report and we wouldn't be in TH.
If a deal has fallen through then I suggest MEO would have used the word "update" as the landscape had since changed from the previous announcement and would be required to provide new information.
MEO Price at posting:
37.0¢ Sentiment: LT Buy Disclosure: Held
