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EBR has other assets, besides their 25% equity in Moby-1.If...

  1. ian_whitchurch
    2,834 Posts.
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    31/08/04
    14:06
    Post #: 564574
    EBR has other assets, besides their 25% equity in Moby-1.

    If Moby-1 doesnt come in, MOG are going to have to issue a lot more paper to get the money together for another offshore drill ... the failure of Moby-1 will also downgrade nearby prospects.

    I dont see a Plan B for MOG if Moby-1 doesnt come in.

    Ian Whitchurch
    MOG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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