Saw an article posted on Petroleum News about companies with good reserves in the Surat basin becoming much more valuable and desirable since the recent QGC/BG LNG proposal.
MOS has significant reserves and excellent infrastructure. At these prices and with near $20 million in cash surely companies are running the ruler over MOS.
Management inability to deliver in the past has seen substantial negative sentiment which shows in the current share price.
It has been said many time before but with their reserves and infrastructure they have to be a takeover target.
Saw an article posted on Petroleum News about companies with...
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