re: Ann: MEO: Acquires additional 5% equity i... Ronstieb
I hope they dont. They should concentrate right now on the main game in town, Artemis and leverage off the expertise of the big boys. Also it would presumably take more than two months to organise another a follow up drill with booking times etc?
Im sure shareholders who participated in the last CR want to ensure they extract as much value as possible in the end, this deal to me in my opinion gives MOG the best shot at that. Lets get FIRB approval and announce a spud date with a strong cash balance going forward and im still content to hold this based on the risk/reward.
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