MPO 0.00% 14.0¢ molopo energy limited

Ann: Letter to shareholders, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,635 Posts.
    lightbulb Created with Sketch. 318
    Until there is some visibility on what is happening with the Canadian Litigation, there will be uncertainty as to where this is going.
    There is a pile of cash less what is needed to reach settlement on the litigation. Then the question is should the cash be paid out to shareholders or to reinvest.
    I am of the view that the cash should be paid out. I did hold a year 18 mths ago but needed the cash (even after suffering some loss).
    Is someone with experience in Canadian litigation able to tell us what is going on with the litigation and what is the likely timeline for resolution.
 
watchlist Created with Sketch. Add MPO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.