That rally was ridiculous - the change was a nice comforter - but it doesn't change any fundamental.
It is very interesting to watch all 3 (MOG/MEO and CUE)
I believe that with:
CUE sp = 27 cents MOG sp = 25cents they are valuing Artemis equally (on CUE forum I posted resources and reserves if you want where I get that valuation from)
This accounts for CUE's other asset - Maari (Rose3d is a bonus and the rest is bollicks) AND ignores MOG's other assets because they also should be.
I don't include MEO in the comparative, because I haven't done enough work - BUT - they're saying as loud as possible that a big capital raising is coming for Tassie Shoals.
You just have to hedge support some of you Artemis portfolio in MOG though. The chance that Albers has pulled off a motzer with this JV deal is too high to ignore. Time will tell - that JV must be coming soon!
Good luck to holders
Ignore sp movements until the JV in my opinion.
MOG Price at posting:
23.2¢ Sentiment: Buy Disclosure: Held
