MHL monitor energy limited

i blinked, page-33

  1. 240 Posts.
    Baron1, A little confused with a paragraph in you last post.

    "They actually said they weren�t worried about finding a JV partner for their oil tenements in Kyrgyz as it was going so well. Definitely speaks volumes about how good their prospects are and how big potentially that upcoming report/announcement might be. Sorry I said I was trying not to be too rampy but it is very difficult with this Co. Anyone that calls MHL for an update will understand what I mean."

    If they weren't so worried about finding a JV partner why did they then sign a 15% JV with the first group they found. If it was so good then why didn't they find a parnter that would give them 25-30%.

    Now you say you aren't ramping so I am sure you won't mind this question and will answer it as well as you can.

    Thx for you time
 
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