You should be posting more - I like what you had to say. First point I would make is that it is already disclosed that MEO has already chose 1 farmin partner from, you can assume, more that one suitors. So there are committed farmin partners. If the negotiations stall, it will be because of a disagreement on either the upfront cost or the farmin partner wanting 55% (leaving MEO 15%) which has been mooted in the past.
Second point, I take yours that "spike" might not be the right word for MOG's SP after a negative announcement from MEO. I think it is more like to rise over time as people start to realise the win/win position MOG (and CUE) will be in.
In the end this is hypothetical if MEO screws the pooch. Heres hoping MEO can get this deal sorted.
The bounce off 20c from Friday and MEO back to 61.5c this mroning, bodes well for all.
Cheers.
MOG Price at posting:
19.8¢ Sentiment: Buy Disclosure: Held