i just thought i would mention that at this conference in Sydney this week, amongst a heap of coys making presentations, were two presentations from:
1. Gowlings - a legal firm wrt Aust o&G coys wanting to list on the TSX.
2. TSX- a rep from TSX explaining the advantages of listing on either the TSX or TSXV. the latter is like a secondary board.
one of the things was that the listing coy needs to have N/A directors (i think at least one) and proven mgt experience. and that experience needs to be gained in N/A.
it went thru the stats on o&g listed on TSX and seems there are a lot of advantages re liquidity, cap raising, exposure etc.
all the while they were talking, I was thinking " there goes MPO!"
i wish i could post the preso - frankly, if MPO does decide to go that route, they really should provide MPO s/h with a copy of this preso - excellent stuff.
so, imo MPO has already been positioned to list over there. and yes it could be a duel listing.
once they sell Qld, it will be a case of last one out, please turn off the lights!
cheers
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