"The Company (MOG)is not a party to any farmout transaction which MEO may be negotiating and is not aware of the terms of the transaction that MEO may be intending to announce."
MEO have presented CUE & MOG on the 5/3 with a side agreement to sign in relation to the WA-360-P permit.
It's very important to state IMHO that this "side agreement" has NOTHING to do at all with the farmin agreement.....already agreed between MEO & PF.
But MEO have NOT told MOG OR CUE any detail of the farmin deal - like who the PF farminee is...etc.
Either CUE or MOG aren't signing anything because they don't even know who the PF is yet. We've been assuming that MOG and CUE know whats going on...but they have no idea either.
What could they be asking CUE or MOG to sign - when both those companies are just as in the dark as us???
I'd like to hear your views..
MEO Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
