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first akk then key next week on results is mog

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    9,188 Posts.
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    17/03/08
    21:26
    Post #: 3480368
    Spudding the first well in three years at the moment. JV partner who is free carry then is US Oil Giant Apache.

    Upside targets are huge: $2-$3+

    Prob of sucess given by company around 25%.

    Mkt giving prob of sucess at current, due to global mrkt conditions, 3% (or so).


    Huge opportunity exists for huge returns.

    Apache are a global leader - a terrific JV partner.

    MOG Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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