MPO molopo energy limited
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deal closes 1st nov

  1. veeone
    7,519 Posts.
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    18/10/12
    13:02
    Post #: 10877678
    QUEENSLAND ASSET SALE UNCONDITIONAL; TRANSACTION TO CLOSE 1 NOVEMBER 2012
    Molopo Energy Limited (ASX: MPO) is pleased to announce that the purchaser of Molopo's Queensland assets has received confirmation from the National Development and Reform Commission ("NDRC") that it approves of the transaction. Given that the purchaser has previously received Foreign Investment Review Board ("FIRB") confirmation that it has no objection to the transaction, all conditions precedent have been satisfied. The transaction is now scheduled to close on 1 November 2012.
    MPO Price at posting: 60.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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