MPO 0.00% 14.0¢ molopo energy limited

serious buyer building stake, page-36

  1. 509 Posts.
    thanks jusik,
    ill give you a buzz when get chance. sounds like management has lost all of its supporters now, im sure given the massive pressure they must be under that things will change for the better. otherwise they will all be out of jobs this time next year.

    i would disagree with hangsg, cashburn must have been reduced so raising isnt a given. also can do a number of things such as sell assets or farmouts.

    hangsg, you should look at the recent atlas energy deal.
    gas price isnt issue, companies in utica are buying massive reserves for the long term. im in mpo for its huge upside from shareprice appreciation, not a divi or similar return. do some research, check asset worth and look at broker reports, the assets of this company are said to be worth $5 per share!, imo utica alone is worth this! . but dyor
 
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