MOG 0.00% 0.5¢ moby oil & gas ltd

when is capital raising?, page-12

  1. 2,899 Posts.
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    LoveCCE,
    IMO Albers has played this very well and all designed to maximise the outcome for MOG.

    A CR for MEO is probably on the cards but I wouldn't expect a big one. If Artemis comes up trumps MEO will no doubt already have a plan as to what it wants out of Artemis ie. either develop it or cash it in. If the former it will need its share of the development costs to raise and thats obviously better done at a higher SP for at least part of it.

    In terms of the selected farminee, I still favour WPL but Chevy and Apache would not be bad choices either.

    ANZ
 
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