is this unbelievable value?, page-57

Lets look at it on flip side.... Worst case scenario...

Farm-in breaks down and does not happen....

MEO crashes and stabilizes to about 22cents.

MOG down and stabilizes to about 10-11cents.

MEO has commited to drilling A-1, and has 40odd million to do so.

Pre- A-1 spud, MEO and MOG gains... MEO up to 50cents, MOG up to 30cents.

Pre A-1 spud MOG raises 20million capital at shares @30cents. Dilution of around 30%.

A-1 duster.

MEO has No cash and No resources.

MOG has 20million in bank...