goodaye Sailfish, yes that farm-in has been around for a while. it seems to be a good deal for both. MOS has got a good reputation for efficient and cheap drilling operations. That good rep seems to be a legacy of Lan Nguyen. Bow seems to be very impressed that MOS is a partner in those permits. I think the permits are in vicinity of MOS.
If you want more info you might have a look at BOW announcements and presentations.
Whats happening to MOS s/p?
The Cooper holding went to BErne Nominees. I understand that they are associated with a broker. The Berne accounts have been s/h for a while. i do not know who the beneficiaries are.
I think i read on HC that a broker was recommending MOS - so it would be interesting to see if Berne was associated with that particular broker.
2 - 3 years ago MOS had a party who was interested in a t/o, and i think that MOS shares hit mid 20c (27c?). COE paid 17c from memory, so the current MOS s/p has a long way to run.
cheers
MOS Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held