one thing i wanted to add.When you look at how many people are following mpo (by the views on h.c. alone)
and look at those who post, then it makes you realise there are a lot of holders who are either happy to hold and keep quiet (or are at the whim of other people,s sentiment rather than their own self confidence.!!)
The big kick in the sp came after the ann of the 2 extra bhp management coming on board(that was my signal).
It has only been one month since then and we have the down ramping suggesting they were surplus to reqt at BHP.!! Why would they have gone to little old mpo rather than arrow,qld gas,or sydney gas,whom surely would have offered a better salary and taken them with open arms?? sorry but it doesnt take much thought in my mind!
This is not just an exploration play this is a company that has proven resources,is producing(albeit a small amount)and has the expertise now to move into the BIG league....Time is all that is reqd.everything else is in place..
phil.
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