The thing i really like is that most of the wells in the campaign are in areas where MOS have a lot of data due to comprehensive seismic testing in the past. Therefore the success rate should be a lot higher.
MOS market Cap an unloved $73m, Cash $20m and significant infrastructure and current income.
Next target Waggamba 4-H which is free carried thanks to CS Energy agreement of $7m funding 2 wells this year.
Looking good.
The thing i really like is that most of the wells in the...
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