MOG 0.00% 0.5¢ moby oil & gas ltd

some good support, page-17

  1. 13,316 Posts.
    lightbulb Created with Sketch. 168
    Thanks Ronsteib, always good to get some other views on this..

    Reality is could play out either way - either MOG does another farm in to another permit pre or post Artemis drilling...as see arguments still to support both sides..

    For as you say at the moment you have downside risk needing to be factored into MOG but if did do farm in to another permit this would provide more support for the share price leading into the permit...and hence derisk MOG..


    Rationale why I think this is probable/possible pre drill of Artemis is I think you will find both MEO and MOG doing capital raisings just prior to the spudding to take advantage of where there sp will be..usual sensible strategy to maximise capital raising opportunities at attractive share price..


 
watchlist Created with Sketch. Add MOG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.