I hope eveyone ( SJB ) has read the below from MHL's ann in July...

I hope eveyone ( SJB ) has read the below from MHL's ann in July 2010 :
Consideration
Monitor will use a combination of scrip and cash to purchase up to 90 per cent interest in SOCA Petroleum whose
wholly owned subsidiary companies own the Project and all associated assets. Under the terms of the HOA, the
Company will issue two billion Monitor shares and make cash payment of US$59 million in consideration for the full
90 per cent interest. In addition there are two milestone performance payments of 500 million shares, if the company
achieves future production targets on the Project.

The above outlines a "shadow" of what potentialy can happen.. helps if you read if you want to know where the $$ are materialising from ... A consolidation was floated at their last AGM as a possibility also, but alot can happen in 12 mths ... trick here with speck that can rise and fall 66% is that prof traders can have a field day on the pretenders .. which is whats been happening ... the news pending will be interesting .... i don't think we'll see MHL take the full 90% .. but be close thanks to Scottie Spencers doing ....
ADYOR
SV