I see progression of Kimu as a significant step toward realising...

I see progression of Kimu as a significant step toward realising some of MOS value.

Of course there will be costs associated to the seismic at Kimu coupled with the seismic costs that saw Avery Resources walk away from a farm in opportunity recently due to the seismic acquisition costs rising substantially. That means that MOS will bear the full grunt in that particular case.

We really need a good outcome from Hurricane IMHO. I can see a significant chunk of MOS $4.9million cash holdings being spent on seismic.

Of course they will also have Churchie West and Downlands 4 as additional production revenue in the next qtr release. The next qtr report will be very interesting in seeing MOS cash at the end of the qtr as a result.

Also MOS shareholders should watch out for tomorrows BPT weekly drill report which will provide an update on Hurricane progress for the week.