MOG 0.00% 0.5¢ moby oil & gas ltd

Hey Buffet.... maybe you can explain something for me.MEO will...

  1. 9,328 Posts.
    lightbulb Created with Sketch. 190
    Hey Buffet.... maybe you can explain something for me.

    MEO will have 20%, and they have a market cap around the $180M.

    MOG have 15%, and a market cap around $40M.

    These numbers are very rough, but it is my understanding, that the bulk of each companies value is for this project.

    Given the above, would it be fair to say that MOG really should have a value around 3 times the current share price?
 
watchlist Created with Sketch. Add MOG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.