MOS 0.00% 16.5¢ mosaic oil nl

reply to point 4

  1. 1,095 Posts.
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    If shareholders have questions, they should contact me. I may not know the answer, but I really will endeavor to find it.

    That first one I answered already but Ill put it very plainly: no, the Company did not know AGL was going to make an offer until after hours on the 30th June, and we released that information the next morning when the markets opened.

    Over the past 18 months, Mosaic has been in discussions with a number of companies in the industry about an underground gas storage deal (this isnt a secret; if you view our presentations lodged with the ASX youll see weve been very forthcoming about our excitement over the gas storage). These discussions and negotiations are always confidential and non-binding, up until the point that a firm, written offer is in hand (such as the one we got from AGL on the 30th June).

    Hope that helps.

    s.

    Well I think that made that question a little clearer -

    I must point out Sally has been good enough to answer all my questions and I am posting the answers to inform the forum members of the answers.


    her contact details are

    Sally Highducheck
    Mosaic Oil
    Phone: +61 2 9247 9324
    Mobile: +61 407 746 824
    Fax: +61 2 9241 1655
 
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Currently unlisted public company.

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