"The sandstones targeted by this well represent only a very small part of the initial portfolio of energy assets Molopo has accumulated in the USA. Molopo will now focus on the primary target within the US gas assets, being the Devonian shale potential"
quote: "the targeted area represents a very small part of the initial portfolio."
so their smallest target produces flat results.. hmmm..
Hardly 'bloodbath' material, expect a few nervous nellies to exit in the morning, watch the eager buyers swoop in.
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held