MPO 0.00% 14.0¢ molopo energy limited

Ann: MPO Awarded 1st Onshore Gas Production Right, page-20

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  1. 69 Posts.
    re: Ann: MPO Awarded 1st Onshore Gas Producti... I wouldn't think selling the South African properties would be a good move. Rather, look for a joint venture with one of the big boys. Retain 20-25% for long run. Or, if they don't want to spend any money at all on it-- make sure to keep a 5-6% overriding royalty.

    Just my opinion.
 
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