MHL 0.00% 0.3¢ monitor energy limited

brantley what do you think re announcement, page-14

  1. 13,252 Posts.
    L am sure the management went around and got the best deal possible with a team that has the right expertise to match with MHL. What people seem to have forgot is money is a lot tighter than it was 6 months ago a lot of companies have probably moved to shore up there own acreage and not expend capital elsewhere. We don't know if Medina have promised to let MHL farm in elsewhere or what else was talked about in the end 15% free carried to production means that its not costing MHL 1 cent and costs after come out of production there after. So even though some think the deal is not up to scratch you have to be realistic and
    maybe this is the best deal available to MHL
 
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