Also another point i forgot to add with regards to the risks is...

Also another point i forgot to add with regards to the risks is that, the Rankin Trend acquisition will not go through if sufficient capital is not raised for the drilling of Cornea and Braveheart. This is as specified in the third point in the following announcement:
http://imagesignal.comsec.com.au/asxdata/20090929/pdf/00992619.pdf

Now what this means is that if for some odd reason they are unable to raise sufficient capital to fund Braveheart and Cornea in the given time frame required then MOG will also lose Artemis and it would be game over for them. Hence, it is critical that this cap raising goes through and once it does I am confident MOG will be re-rated as probably one the hottest oil/gas exploration stocks in the ASX.

If I have said anything wrong in my posts, please do let me know as I am still researching and building on my current knowledge...

Thanks,

Tej