MPO 0.00% 14.0¢ molopo energy limited

repositioning for toronto listing?, page-6

  1. 2,654 Posts.
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    The stock reporter says this: "Typically these wells decline rapidly rather than incline",

    however MPO says this: "Typicallly Bakken wells show max daily production at 3 months".

    So really I don't think it was a surprise to MPO.

    Also why do you guys believe MPO will be cap-raising along the way? Are you talking about Cap-raising in the next 3-6 or are you considering more of the longer term?

    I'm new to research Molopo, however I just assumed that if they were running low on cash they'd just sell some of their $50 million odd holding of Legacy shares?

    Cheers, this stock seems very cheap!
 
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Currently unlisted public company.

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