Ann: Acquires additional 5% equity in WA-360-P , page-22

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  1. 13,316 Posts.
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    re: Ann: MEO: Acquires additional 5% equity i... If you recall the reponse to the ASX announcement regarding its cash position it clearly stated it had no immediate drilling plans in the short term, so I think we can guarantee no drilling would take place for Cornea before Artemis drilling takes place...

    Albers has a significant amount of his own money tied up in MOG, particularly from last cap raising so still have confidence sensible decisions will be made from here.

    I don't think he would be interested in risking funds for drilling Cornea in short term......hopefully some more quality acreage will be funelled into MOG instead...

 
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