If MEO announces a farmin partner by the 18th November that ticks the boxes we all hope/expect, then - on a risk weighted 32% CoS - MOGs 15% of Artemis gives a SP value over $1 (even allowing for dilution out to 300m plus shares). I can see MOG rising swiftly to around 3/4 of this and climbing up closer to the risked value in the lead up to drilling.
Given the timeframe is under a month with an almost 3 bagger potential short term, combined with a strong anticipation that a deal will occur, I can see MOG moving onto traders radars big time! Get in earlier rather than later, imho!
MOG Price at posting:
23.7¢ Sentiment: Buy Disclosure: Held