MOG 0.00% 0.5¢ moby oil & gas ltd

meo cr for artemis

  1. 6,352 Posts.
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    This is a good result for MOG and CUE.
    MOG shareholders now have certainty that MEO will drill Artemis. That certainty will help underpin MOG's RI and further placement imo.
    Albers should soon start the newsflow for Braveheart and Cornea drilling which will further underpin the RI takeup.
    Hopefully by mid Dec, we will also learn the terms of MEO's farmout and identity of the farminee.
    I would expect some initial selling today as some people get out ex record date to cover their RI purchase.
    I note CUE is up (so far) on todays news from MEO
 
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