MPO 0.00% 14.0¢ molopo energy limited

I don't believe we are in better shape at all. We have a bunch...

  1. 479 Posts.
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    I don't believe we are in better shape at all. We have a bunch of projects with no real clear indication of realisation on any of them. Plus spending on others that are in overseas jursidictions (e.g shales).

    I bought in at (equivalent) $1.15 and its got more than 50% to go to get to that level.

    We are 70% off what this was trading at last year pre-consolidation. We are bleeding costs and recovering no revenue, and no 'roadmap' or milestones to getting a project off the ground to recover revenue.

    There would want to be some positive movement soon, because nothing that has occurred post-consolidation has taken this back to those pre-consolidation levels.

    Sitting Duck IMO. We are ducked. And I hold...and no, I am not downramping. Just think the efforts and resources of this OUR company could have been put to better use by the board.
 
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Currently unlisted public company.

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