MOS 0.00% 16.5¢ mosaic oil nl

something's up

  1. 6,942 Posts.
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    >10m shares traded yesterday, and almost 10m traded today.
    Closed up 1c at 15c, but hit 15.5c today.
    This seems to be strong buying, but I have no idea if it is thru the same broker.
    There is clearly a lot of interest in the proposed Underground gas Storage project.
    MOS announced it expected to sign a J/V partner by end of this calendar year.
    MOS can store 75pj, and may buy and sell gas acquired from producers at ramp-up stage (hence would be able to buy that gas cheaply) - then store the gas and sell it when prices are high. Or they could simply store gas on a toll basis.
    Possibly means Big money for MOS.

    This may well explain the sudden interest in MOS. Keep going MOS !
 
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