Plenty of buyers queueing at .105 & .10 cents. Obviously something is up.
My bet is on an interest in Kimu in PNG. A recent slide aluded that MOS were looking at an independent valuation. Perhaps this has caused some interest. OSH are looking at at expanding their interests in PNG gas. In January they purchased 10% of PPL240 from Gedd Ltd which surrounds the Kimu find.
LNG Ltd is also looking at feedstock gas for their Gladstone LNG Project and MOS infrastructure would be attractive to them.
With the above and MOS drilling campaign just around the corner it is looking good for MOS holders. Glad to have picked some more up at 7c.
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