Magellan Petroleum Corp. (MPET)

[biomanbaba]

When this deal is done it ought to pop the shares

"The Australian mining industry is seeking alternatives to the costly diesel oil currently used in most mining operations," continued Mr. Wilson. "Palm Valley's proximity to mining operations enabled Santos to enter into a long-term supply agreement and illustrates the current attractiveness of the Australian market for natural gas. Our goal is to directly enter into a similar agreement with a blue-chip mining customer for Dingo's natural gas resources, and we are actively pursuing such negotiations."

The share price has been cut in half while the CASH on the Balance sheet has expolded.......WTF....value players will show up here soon