Exella, MMR was the infamous...'imminent' drilling late last year. Now it is close to actually spudding THE first exploratory well with a upgrade from 6 to 13TCF ann'd today! They are approved and completed for their site survey and have a rig booked for August/September(more liekly the later) to drill the 13tcf prospect. Advent is the actual company owning this with MMR being their investee and is a tax free...what was that???...tax free government sponsored investment body.
Wilson..why would you buy BUY. MMR is a no tax investment! Surely BUY will go up but you'll pay half in tax for any gain!
Good luck all
Jazza
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Exella, MMR was the infamous...'imminent' drilling late last...
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