cash, page-2

Yes rostieb, MOG appears to have more liabilities (present and immediately up-coming) than apparent cash to cover them.

Surprising that the share price is holding so well but certainly think no capital raising can be anywhere near 20cps unles a left-field event spikes the price.

OBL have certainly started to market Vic/P41, with the electronic newsletters such as PNN and Australian Investor picking it up locally and also some overseas distributors. Means literally tens of thousands of email boxes have it shoved in front of them to read about this Bass Strait permit. Can only be good for MOG. Given Albers interests in BAS - and a Director not so long ago - wonder why they did not do more.