I would love an announcement in the first half of October, any later concerns me.
Only reason is if the CEO for MEO says they are on track to finalise by 30/9/09 on the 17/09/09 one would suspect it should only be a short term delay otherwise you do start to query the "status" of the current farmin situation.
What gives me the most heart out of all of this is MOBY OIL giving 120M shares to the private company of Albers for a 15% share.
It just makes sense Albers has to be very confident of a Farmin partner with MEO as he will know the value will be zippidy without and plenty with, as the Market is telling us at the moment.
Naturally everyone is hedging their bets and a reason for the huge fluctuations this week.
MOG Price at posting:
26.2¢ Sentiment: None Disclosure: Held