MOG 0.00% 0.5¢ moby oil & gas ltd

what is wrong with my logic..., page-4

  1. 1,665 Posts.
    I think that is very unlikely street talk. They will be seeking (some) cash to cover the seismic & associated costs (under 10m) and pitched to retain 20% - I can see them negotiating a marginally higher stake or, more likely some ancillary benefits on their other PELs. If you want Artemis exposure, MOG is patently the cheapest option - by a very considerable margin.
 
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