My largest holding is with CUE .... so from a CUE supproter, let me tell you something
when someone tells you that CUE has an "actual asset in Indo" - they need to go back to investment school. They're not one eyed CUE - they're just bad at fundamentals. Indo is an asset??? - I have bigger assets in my cutlery drawer.
As for DRILLING Artemis - who cares Investing in MOG is an investment in the JV The JV will be taken up by WPL or better - imo.
What the drilling will produce is of no concern yet, the risk of that needs to be considered after the JV. Artemis is a quality target imo - but drilling success should generally be worried about after we know when they will drill.
Timetables are important when considering an argument for or against investing in a company.
I don't need to say the detractors are wrong - because their whole argument is just irrelevant.
As for why invest in MOG - rather than all CUE (which is the cheapest Artemis avenue ATM) MOG presents the most likely t/o. And I theoretically believe that could of motivated Albers swift move - that or financing.
MOG Price at posting:
22.8¢ Sentiment: Buy Disclosure: Held
