blah blah blah

As i said not expecting too much.
Over 12 months now to get a sale.
Somethings not right no matter what they keep saying!!!

QUEENSLAND ASSETS SALE PROCESS UPDATE
Molopo Energy Limited (‘Molopo’) (ASX:MPO) advises that negotiations in relation to the prospective sale of its Bowen Basin Queensland coal bed methane assets are ongoing.
To ensure delivery of the best value outcome for shareholders, the Company announced on December 22, 2011 that the formal sale process had been extended and that negotiations were at that time expected to be completed in the first quarter of 2012.
A number of interested parties and their advisers have been undertaking detailed due diligence and there are multiple parties actively engaged in the sales process at this stage. Negotiations are progressing, however the company cautions that these negotiations are currently incomplete and their outcome remains uncertain.
The company reaffirms that its planned 2012 North American exploration and development program will be funded from existing cash reserves and is not dependent on any proceeds from a sale of the Queensland assets.
Molopo does not intend to provide ongoing market updates as to the status of the current negotiations, but will keep the market informed of any material developments in accordance with its disclosure obligations.