load up before deadline to take up rights opp, page-29

crazdewd,
IMO if the farm-out process had failed, MEO would have been obliged to announce it by now.Therefore, it is just now a matter of advising the market who the farminee is. From MOG's point of view it doesn't matter how good the outcome is for MEO as MOG is free carried on the Artemis well and hopefully all the other transactions pending will fall into place for MOG.

In MEO's case if it retains a minimum of 20% of Artemis the SP should be bolstered. How far will depend IMO on who the farminee is and when the drilling will be scheduled. I also hold both.

ANZ