MOG 0.00% 0.5¢ moby oil & gas ltd

If MEO announces a farmin partner by the 18th November that...

  1. 1,665 Posts.
    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!
 
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