spp - good result , page-2

yep - looking good.

I did a rough calculation - given cap raising proceeds, MOS has just under 4c per share of cash.

So with a sp of only 11.5c, that leaves approx only 7.5c to cover all the other assets of MOS.

So the market is only valuing $72m+ of infrastructure assets (which is 8.8c p/s), all the oil/gas permits generating what $8.0m+ EBITDA p/a, 16.6million barrels oil equiv of 2P (which is 30yrs 2P cover), plus KIMU, plus UGS project at 7.5c ????

What a bargain !