MPO 0.00% 14.0¢ molopo energy limited

cash to market capital, page-15

  1. 782 Posts.
    senoj, this is pretty much what you'll get at the AGM.

    Wolfcamp and Bakken = High Risk Failures.
    Bakken play = Canceled
    Wolfcamp = Might get value by either joint venture or selling.
    Quebec = Pending Quebec Government position at no cost.
    Staff = Reduced by 40% in the past 4 weeks.
    Independent board members = Reduced fees.
    Office Space = Sub-letting for extra cash.
    Current Management = Sorry to shareholders for enduring the Molopo story and financial losses + get the ship right and head it into better waters.

    From 2 bucks to 20c. Now who would have thought that!
 
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