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0.00% 0.5¢ moby oil & gas ltd

Half yearly 31/12/2012"On 4th March 2013 the company impaired...

  1. Kenjul
    450 Posts.
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    14/03/13
    05:29
    Post #: 11535430
    Half yearly 31/12/2012
    "On 4th March 2013 the company impaired Vic/P41 when it was agreed to actively seek assignment of permit interest to the other participants in the joint venture"

    I really have no idea what is going on with all this. Does Mr Albers have interests in other Joint Venture Co.? re: above, what does above IMPAIRMENT really mean?
    Hold a few shares, all interesting - just sit back and watch what happens.
    Thanks
    MOG Price at posting: 1.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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