MPO is speculative however I see it as a speculative on the casp of becoming the next phase after speculative.
And why, MPO dudes is a company that will have cash to drill cash producing holes. Has some contracts but needs more. They are on the supply side and facing an ever increasing demand for their greener gas.
It is only a matter of time before cash is produced to allow more wells to be sunk.
slowly but surely MPO will be a gas producer. the only thing is the time frame involved. to be another AOE thatis several years away and therefore the $3 plus.
for some this is to long a period, for others they realise $3 plus is very achiveable but they will need to wait. and waiting to become a millionaire certainly isnt that difficult.
By christmas MPO will definitely be worth more than it is today - how much depends on a numbe rof factors that are difficult to asses.
those with patience and a vision to understand the strategic developments shaping the demand for CSG will realise the value of holding MPO long term.
baillieu did so and put it to their inner circle of investors. they have now broadcast to a wider community.
The terming specuative by Baillieu to me is saying that it will be a multi bagger with out saying that. Remember that the majority of stocks are specultive and why did Baillieu pick MPO specifically.
Add to My Watchlist
What is My Watchlist?