MOG moby oil & gas ltd
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Have I missed something?MOG is due to get 7 Mill in the bank for...

  1. sirjohnnyboy
    2,599 Posts.
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    10/08/10
    23:38
    Post #: 7005140
    Have I missed something?

    MOG is due to get 7 Mill in the bank for the sale of 5% of Artemis?

    Surely that will have a considerable effect on the SP.

    Perhaps this is imminent and that is why there has been a gradual SP rise recently.

    This cash should also allow some further development on other projects ... or at least provide some security in the case of further obligations at Artemis.

    In any case the money in the bank and the security this brings should be positive IMO.

    Any thoughts?

    John S.

    MOG Price at posting: 14.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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