unbias forcasts for meo short tetm, page-6

Hi Kentaro,

Hey I would love a crystal ball as well!!

The Announcement we are waiting for,I would expect sometime this month,will either be good or bad.

At the moment the market knows Meo is commited to drilling Artemis #1 sometime in the 3rd quarter maybe the 4th.
But the market obviously has some reservations or doubts about Meo completing is drill obligations and then potentially losing its 70% over Artemis,which i doubt they will let happen.

A Good Announcement = PF will commit to 50% farmin with or without Cue on board.I expect SP to spike and then possibly slip back and settle on profit taking.Then gradually climb as Meo fires up its PR machine with + ann on the way to spud.

A Bad announcement = PF walks away.SP may spike down into the twenties initially and as the market has realised that Meo is in the same position it is now ie:committed to drill,can reopen farmin then I see SP begin to stabilise in the thirties and then as Meo + ann come to the market the SP should steadily increase towards spud.

This is strictly my own opinion,what does anyone else think?

Cheers Kimbo.