I like your thoughts and that is why I wouldn't mind knowing the answer to this next question.
Mr J.G Touhy the company Secretary in the announcement of the 29/9/09 made comment that MOG were doing their own investigation into the findings that MEO have sent to market regarding the potential 20tcf deposit in Artemis.
With the Farmin Partner expected to be announced shortly thereafter this aspect has not really raised its head since.
If there is a slight prospect MEO don't meet the deadline then I would expect MOG to let its shareholders know what their findings have been since the announcement. It is now close to 2 months so like all farmin prospects that filled the data room over August and September I suggest MOG itself should be in a position to advise us on something material to the business.
To get the Institutional Investor in at 14.9M shares and another 14.9M with the RI they must have given them some info which the Mums and Dads haven't seen. They obviously liked what they were told.
As MOG are independent surely they are obliged to give their findings on this very important aspect.
Can someone set me straight.
MOG Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held