MOG alert ..... astrostuff .....

[yogi-in-oz]

:)

Hi folks,

MOG ... now looking for a pullback from a minor top,
until the next positive cycles around 26-27092005:

26-27092005 ..... positive, but response may be flatter
than expected by some traders.

03102005 ..... negative news

10-11102005 ..... 2 negative cycles here

21-24102005 ..... 3 positive cycles here, at lows (???)

31102005 ..... minor and positive

10-11112005 ..... 2 significant and positive cycles here

25112005 ..... significant and negative ... finances(???)

09122005 ..... minor

23-27122005 ..... minor news

06-09012006 ..... significant and negative.

-----

Looking ahead, late January-thru-to-mid-Februeary 2006
should bring the spotlight on oil prices, particularly
around 06022006.

So, we may see a good rally in MOG from about
30012006 to around 06022006(?) and possibly a
little longer to 09022006 (???) ..... :)

happy trading

yogi

:)

[STRAT]

Hi Paul,
Any chance of a Yogi style update on this old chestnut?

[Financially dependant]

Good day to buy into MOG today.....classic 'bobn' play, the SP should build nicely up to the artemis play....take profit on the announcement of the drill!

[upside_umop]

Looking interesting again...funny to believe this hit an intraday of 57.5cents on the back of Artemis hype!
Was reading through their quarterly and see:

$3.2m cash
Cash burn is quite low at just $223k last quarter ($517k for last 6 months)
Hold working interests in 5 permits (WA and Vic)
Apache farmed in to be operator in the WA-359-P & WA-409-P in which MOG hold 28.5% still. If Apache decide to take it to drill stage after full 3D survey (in either permit), they will be free carried through with and reduced to 14.25% interest.
The other interesting permits are:

*WA-342-P which has the 'Cornea' structure..which looks to have had 10 drill into it (surely enough to define it?!) and currently looking for farmees. Moby share: 22.375% and;

*VIC/P47 which has the 'Moby' and 'Judith' gasfields. Close to existing infrastructure. They are currently seeking farmees for this one too. Moby share: 35%

Hopefully this is enough to get people interested....have a read of their quarterly.

Oh yeah, forgot to say.....322m shares on issue at 2.6cents gives a market cap of $8.3m....Down over 85% since Artemis drill result!!

Disc: I don't have any.

[Corporate]

UU, nice to see we are sniffing around the same carcass. IMO buying MOG is a play on Apache committing to drill either of the WA permits. Not much else going on.


Looking interesting again...funny to believe this hit an intraday of 57.5cents on the back of Artemis hype!
Was reading through their quarterly and see:

$3.2m cash
Cash burn is quite low at just $223k last quarter ($517k for last 6 months)
Hold working interests in 5 permits (WA and Vic)
Apache farmed in to be operator in the WA-359-P & WA-409-P in which MOG hold 28.5% still. If Apache decide to take it to drill stage after full 3D survey (in either permit), they will be free carried through with and reduced to 14.25% interest.
The other interesting permits are:

*WA-342-P which has the 'Cornea' structure..which looks to have had 10 drill into it (surely enough to define it?!) and currently looking for farmees. Moby share: 22.375% and;

*VIC/P47 which has the 'Moby' and 'Judith' gasfields. Close to existing infrastructure. They are currently seeking farmees for this one too. Moby share: 35%

Hopefully this is enough to get people interested....have a read of their quarterly.

Oh yeah, forgot to say.....322m shares on issue at 2.6cents gives a market cap of $8.3m....Down over 85% since Artemis drill result!!

Disc: I don't have any.

[upside_umop]

UU, nice to see we are sniffing around the same carcass. IMO buying MOG is a play on Apache committing to drill either of the WA permits. Not much else going on.

Good to see you sniffing around too Corp.
I think there are at least three catalysts with this stock:
Apache committing to a drill....BESBS would be amazing?
Farm out for WA-342-P (still need to look into this more...not sure how credible the search is given the number of drill bits already sunk into it).
Farm out for VIC/P47. The quarterly states:

"These objectives were met and the Vic/P47 Joint Venture is actively seeking farmin partners to fund future operations. The opportunity has attracted credible interest and the Joint Venture continues its evaluation and assessment activities."

"During June 2008, GCA completed an independent resource certification of the Judith gas discovery and associated prospects in Vic/P47. GCA reported that a gross gas column of 290m can be interpreted from Judith-1 electric log data and GCA’s petrophysical analysis indicated 135.5m of net gas pay in the Judith-1 well. GCA’s certification provides independent confirmation that, subject to successful appraisal, the Judith gas discovery has the resource volume potential to underpin a commercial development."