you are missing the point Chriswell, if you dont run these sort of estimates for share price potential then equally how do you know if all the potential is factored in yet??
as i said, this is all back of the envelope numbers and keep in mind that MOG certainly wont be able to pay for the capex costs of say 10% on a $50bill project, so most likely they will either sell down their stake or sell out completely in the future.
either way, share holders will benefit substantiallly if the well is successful
MOG Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
