MOG 0.00% 0.5¢ moby oil & gas ltd

Spudding the first well in three years at the moment. JV partner...

  1. 9,188 Posts.
    Spudding the first well in three years at the moment. JV partner who is free carry then is US Oil Giant Apache.

    Upside targets are huge: $2-$3+

    Prob of sucess given by company around 25%.

    Mkt giving prob of sucess at current, due to global mrkt conditions, 3% (or so).


    Huge opportunity exists for huge returns.

    Apache are a global leader - a terrific JV partner.

 
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