If no farmin agreement, which i think is unlikely, why would MEO not do a CR pre spud also, so then if it is a duster both companies still have cash and one has other permits/projects in the future. Why then would MEO be worse off, surely as you keep saying MOG is more leveraged to Artemis there is also a lot of leverage to the downside or do you choose not to think about that for now? If A1 isnt a success its game over for MOG, MEO will take a big hit but rise again in the future and that is where i see value. Calling others biased and naive seems to be a bit like pot/kettle/black.....
MOG Price at posting:
13.5¢ Sentiment: ST Buy Disclosure: Held