Guys not looking to ramp up or down but run some thoughts by...

Guys not looking to ramp up or down but run some thoughts by those close to the MOG/MEO action

I took a postion in MOG today on the basis of it should offer the most upside versus risk given:
a) whatever amount MEO farmed down for the deal doesn't matter to MOG as we still get our 15%
b) ditto for amount of cash bonuses - extra payments etc MEO get on success -we still retain our 15% share
c) Nothing has changed in that we have to contribute nothing/zip/zero dollars towards the drilling as pure free carrry
d) with the deal successfully concluded we now have confirmation drilling will take place as announced in second half of 2010.

So why is the sp not outperforming MEO today....?

Until presented with better logic to counter above I won't be selling today...