finally got to read the annual online. postman pat still hasn't...

finally got to read the annual online. postman pat still hasn't brought my hardcopy. sack him !

sound balance sheet with enough cash in the bank going forward.
imo sensible conservative farm ins.
exploration consolidation and drilling program looks more than comfortable. should be a good 2006-07 on this point.
new ventures team. this is risk v reward but will add some excitement. looks to me more like more reward than risk with what's known out there.
hurricane could be a big winner 2007
imo kimu could well be sold off but something likely to deveop on this front whatever.

it's very hard to see mos not going somewhere and actually staying there from here on. not expensive at 17c but bargain territory if it gets back to 14.5 or under in a general worry market.

not a stock to be given the heave ho in a bear market as long as oil and gas stay up in aud terms. the rba will see to their being a weaker dollar should commodities get hit at all, so the mos balnace sheet and other miners, come to that, will get some comfort on this point.

i reiterate previous posts that mos is probably in a better position now than it's ever been. expect some nice talking at the agm. it won't be false.

producing and exploring. cash flow. a bit o blue sky. it's feet on the ground. should mos make some nice discovery and/or should it say that it wants to go exploring some new ground somewhere then be prepared for a call. just to keep that balance sheet conservative.

mos, does for once, really look like it's got it's act together very well.

aimho but i really do like the way mos is now.

i wonder if we might not be celebrating something good by christmas.