It's also worth reminding ouselves that it isn't all over for MOG in the unlikely event that this deal falls over.
The JV is primed to hit the ground running with drilling plans underway ...and probably other companies ready to step in.
Also....from the perspective of SP history, we have seen OMG! hit 57.5 less than 6 mths ago, so if the agreement is finalised (as expcted), there is plenty of room for SP increase from here.
John S.
MOG Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held