Overall imrpession - the directors seemed to be genuinely thrilled at the outcome of the JV. Jon reckons he has been fielding congratulatory calls from peers all week. basically if they did not get a free carried deal they would be nothing.
random snaps..
-Gravity survey complete and being interpretted. Anno in the next few months. Lots of interesting looking target zones for optimising seismic surveys.
-MG sold cos he needed the money. He has been on a part time salary and working full time and also paid for quite a few of his own expenses. Pointedf out that he does not need to disclose any further
-Possibiltiy of using CIG's rig
- sp overbought on trader activity and similary oversold atm
- Broker spec reccomendation reports in the pipeline
- U drilling being held up by Leopard. MHL not happy and pushing hard to move on this
- Exploation manager speaks Russian and can 'walk on water' according to Jon
- Medina stuff posted by someone (Brantly?) legit. They are really keen about the MHL story and are Medinas largest JV. Also bring knowledge and experience to the table
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held