ANZ,I had dismissed a MEO cap raising when going through the...

ANZ,

I had dismissed a MEO cap raising when going through the possibilites, i was thinking that if this farm in failed then MEO could kiss a CR goodbye because the MEO SP would just plummet down to the teens or lower (how much value do we really place in Tassie Shoals or the Bonaparte/other permits right now?). But what you write defintiely makes sense, but still a lot of risk to MEO. I mean can you imagine now waiting for FIRB approval to be granted instead of a massive dilutory raising and where the SP would be at, i hope this doesnt arise and all these questions we have are answered shortly. Just thinking through the options and not downramping or doing a tired MEO v MOG thing. But in any case I think this uncertainty spells good news for the MOG raising but I hold MEO too for now.