One consolation atm is a likely insider, Albers, has a lot riding on MEO's farmout success. The JV companies drilling Braveheart/Cornea are all heavily associated with him. $43mil is needed for the two wells, $22mil from MOG if all goes well. Anyway, he's obviously taken a punt on MEO succeeding, hence the transfer of Rankin Trend to MOG, which was done to get the cap raisings across the line. We'll know soon if Albers got it right.
MOG Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
