MOG 0.00% 0.5¢ moby oil & gas ltd

big dump, is this the end of the spp?, page-8

  1. 1,313 Posts.
    Just spoke to G. Tuohy. Very nice person.Very helpful. He says all arrangements ARE STILL IN PLACE:
    A:) For the Capital raising, WHICH IS GOING AHEAD.
    B:) Drilling to commence as planed on the 14th of December at Cornea (Not conditional upon the Capital Raising-since it starts on the SAME DAY as the CR is completed- other arrangements have already been made).
    C:0. The Artemis JV with MEO is going ahead as planned. The ball is in MEO's Court...They Have to either come up with a Farminee (as he G. Toohy thinks they will be announcing soon)Or drill Artemis with their own Capital.....

    As for the share Price fall, he was-as expected.....- at a loss to explain it (In fact, he was not aware it was that low).....

    So, there you have it.....Stick with MOBY....All are Well on the... (North) Western Front!!!!!

    Cheers;)))
 
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