News of the farmout must be very very close. The danger is the SP gets sold down slowly over the coming weeks and the raising needs to be done at closer to 15cents, MOG directors would realise this. So, one would assume the farmout comes first, then the raising is right around the corner, and by my twisted earlier logic, the farmout is very close.
by the end of October I expect this finalised, that is next Friday.
MOG Price at posting:
21.5¢ Sentiment: LT Buy Disclosure: Held