Interesting to read in the presentation from the ANN this morning that MOS are also planning to farmout interest in Waggamba and Tinker. Which has not been released previously.
I know the company has a high opinion about the possible significance of Waggamba and they have reassessed drilling techniques from the Waggamaba 1H drill on how to drill Waggamba horizontally for much better results.
They must be confident of a succesful farmout (or have been approached/had interest already) as they have scheduled a proposed drill for Waggamba in July & Aug this year.
Other interesting point is that Hurricane 2 will commence as soon as ROC's Perth Basin drilling is completed. ROC are currently drilling Perseverance which is the 2nd out of a 3 drill program in that area. Therefore Hurricane is only a few weeks away.
Lots of upside for shareholders at the moment.
Strong support at 15.5c continuing which is good to see.
MOS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
