MOG 0.00% 0.5¢ moby oil & gas ltd

ann. out, page-35

  1. 6,737 Posts.
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    the same significant change you saw announcned today;

    "The effect of the amendment is that, provided the other conditions precedent set out in Moby’s release dated 29 September 2009 are satisfied, Moby will acquire Rankin Trend regardless of whether MEO gives Rankin Trend that irrevocable commitment to drill a well.
    This amendment enhances Moby’s rights to acquire an interest in WA-360-P. It will enable Moby to acquire a 50% interest in WA-360-P if MEO fails to provide Rankin Trend with that irrevocable drilling commitment, whereas, under the prior arrangements, Moby would not have acquired any interest in WA-360-P in that circumstance."

    dont you think that make the SP worth more Pursuitute ?

    May need digestion overnight by people who havent even seen todays announcement, and some media/press to bring buyers in.
 
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