I suspect its CUE not signing these two agreements.. The agreements are required by MEO & farminee
(a) MEO and its preferred farm-in party (the Farminee) require two side agreements to be executed by all WA-360-P Permit Participants prior to executing the already finalised farmin agreement. The side agreements were executed by all parties on 5th March 2010 except for one of the current joint venture participants. This joint venture participant has advised it is considering its position in relation to the side agreements
so i read it as MEO & farminee have written two extra agreement that they want MOG & CUE to sign.
MOG gave the Shultz "i know nuthzing" reply to the speeding ticket recently. CUE are a lot more of a complicated company & the required agreements may have greater repercussions on them
MOG Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held