MOG 0.00% 0.5¢ moby oil & gas ltd

That rally was ridiculous - the change was a nice comforter -...

  1. 960 Posts.
    That rally was ridiculous - the change was a nice comforter - but it doesn't change any fundamental.

    It is very interesting to watch all 3 (MOG/MEO and CUE)


    I believe that with:

    CUE sp = 27 cents
    MOG sp = 25cents
    they are valuing Artemis equally
    (on CUE forum I posted resources and reserves if you want where I get that valuation from)

    This accounts for CUE's other asset - Maari
    (Rose3d is a bonus and the rest is bollicks)
    AND
    ignores MOG's other assets because they also should be.

    I don't include MEO in the comparative, because I haven't done enough work - BUT - they're saying as loud as possible that a big capital raising is coming for Tassie Shoals.


    You just have to hedge support some of you Artemis portfolio in MOG though. The chance that Albers has pulled off a motzer with this JV deal is too high to ignore.
    Time will tell - that JV must be coming soon!

    Good luck to holders

    Ignore sp movements until the JV in my opinion.

 
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