Oscar,Dont agree, I think you are underestimating the value and...

  1. 23 Posts.
    Oscar,

    Dont agree, I think you are underestimating the value and potential to mog.

    RBS brokers have $1 value or approx $900 mrkt cap for the value of the project to cue based on full success.

    Pie in sky figures but to convert this to mog, minus say 33% (diff in 10 and 15% holdings) to market cap of $900 = $600 market cap.

    MOG is trading at 27 market cap, so could be looking at 22 times your money at current price based on full succes = $3.52.

    The share price has to be 40-50c pre spud as people are going to take the chance of at least 7-8 times their money even at these levels.

    Their will be no capital raisings in event of success as mog will be acquired by a major.

    Agree no other value to mog other than artemis

 
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