While I believe in the value on offer at MOS through revenue, infrastructure and assets, I believe the short term pressure of funding seismic as well as the outflow for funding the churchie interest ($7m) as well as drilling costs there is going to be a need to raise more funds.
My opinion only based on the current $13m cash. What's others opinions on expansion with existing cash or further dilution?
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Ann: Quarterly Report June 2009 , page-9
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