MPO 0.00% 14.0¢ molopo energy limited

Ann: Renewal of Queensland Tenement ATP 564P , page-9

  1. 782 Posts.
    Regarding the sale ~ A recent conversation with management did confirm they will do their best to create value for shareholders. IMHO they will deliver.

    Buddy, after reading the following article I guess you could say that anything under $100m would be a fire sale.


    AGL secures east coast's most expensive gas deal
    BY: MATT CHAMBERS AND DAMON KITNEY From: The Australian November 07, 2011 12:00AM

    AGL Energy has snared the east coast's most expensive domestic gas sales contract in what is thought to be a 50 per cent price jump forced by the expected demand from Queensland's coal-seam gas export plants.

    AGL is believed to have secured a price of about $6 a gigajoule for gas that will be used to supply miner Xstrata's Mount Isa operations for 10 years from 2013.
 
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