something happening, page-10

It will be almost certainly the only drill if it is a duster and if Petrobas do decide to have another shot then MOG will need to chip in about $6M for the next drill which means more cap raising or at the least another placement or sell down of its share in Artemis. Anyone thinking this is going to race to the moon is even blatantly ramping or very naive. As Ron said, most of the race has happened.. I would not expect the Spud to occur until around Monday week upon which we should get a bit of a boost but as the drill bit goes further south you will get some sort of a sell down before TD. A duster and this falls to around 3c.