MPO 0.00% 14.0¢ molopo energy limited

Clearly most us would be frustrated and disappointed with the...

  1. 782 Posts.
    Clearly most us would be frustrated and disappointed with the extension of the mungi sale process. However, after reading an article and some further research I feel they are definitely looking for the best possible price for shareholders.

    “Molopo has about 500 petajoules (13.1bn m³) in proven and probable CBM reserves. This compares with Australian CBM exploration group Bow Energy, which had about half the volume of proven and probable reserves as Molopo.

    Bow was bought in a joint bid by Shell and Chinese state-owned oil firm PetroChina for A$535mn ($53xmn) through a deal that was completed this month.”
 
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Currently unlisted public company.

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