ghostey,
At the moment nothing apart from Artemis is going for MOG. All the other tenemants that MOG hold are pretty much worthless in the eyes of most traders. MOG price has decoupled from MEO for now due to MEO promoting their tassi shoal resources. As can be seen from quarterly activities MOG are still repeatedly highlight the Cornea-3 findings in quarterly activities and they have printed same old Cornea-3 resilts repeatedly for the last 3 reports, WHY???. IMO Cornea-3 is a waste of time and money, and why bother include it in the last previous quarterly activities report, its old news.
The cash that MOG holds will only be good for admin for next 2years. MOG will need raise capital, but wont get any buyers coming in at these prices now. Capital raising will be done after Artemis-1 drill results, not before. There lies the risk and thus why MOG shares are trading with thin volumes.
MOG provides the best gain for Artemis-1 success, thats the reason why I am on board. Prive will rise leading to spud, may go up as 35-40cents, probably unlikely though, more like 25-30cents. MOG management will dare not to raise capital before Artemis-1 results.
MOG is very risky and right now the SP depends heavily on Aretemis. If unsuccessful then she will drop down to a few cents....
I believe that Albers will pull something out of the hat and bolster MOGs position some how... Thats the left field suprise that i am hoping for...
good luck... And may god be kind to all MOG holders.. MOG is a Buy and Pray stock.
ghostey,At the moment nothing apart from Artemis is going for...
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