MOS mosaic oil nl
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Very impressive quarterly report from MOS today. Cash now $23.4m...

  1. OzAlien
    392 Posts.
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    28/04/08
    10:45
    Post #: 3633575
    Very impressive quarterly report from MOS today.

    Cash now $23.4m market cap $75m @12c.

    Qtrly revenues excluding farm-in funds from CS Energy (record) increased to $6.4m from $4.6m previous period.

    This of course excludes Fairymount which is yet come online + any potential upside from the multi well drilling currently underway. Low risk wells are early on in the campaign with Waggamba 4H results due this week.

    Looking like exceptional value at present.
    MOS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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