Yes there are others, and they have the same or similar hurdles, depending on thier location, spend, results etc etc.
Timimg is important and some luck as well, the results of exploration is what will drive them, the volume of idle money being ventured on speculation has reduced, as have people's appetite for risk. Choose carefully.
As for MHL, I will be buying my allocation of options, I have done well out of mhl, and blr for that matter( they did a similar offer when they were 2c speccie, got the options for 0.5c and they went to 28c), so I am wiling to see what they can produce. Energy is energy...
I am looking around for a home for some of my cash at moment as it is close to bargain basement, very close...
Can mhl pull off a new deal for the oil, that succeeds, is probably thier biggest challenge!! Thier should be renewed interest as the poo will hold well above $100 for foreseeable future.
cheers
steve
MHL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
