MPO 0.00% 14.0¢ molopo energy limited

fortune up again, page-16

  1. 7,809 Posts.
    I don't see why people think it is a problem to have alot of money to use for rapid development and gain exponential production increase / revenue increase . This is what growth companies do . MPO is blessed to have the reserves and cash to develop them .

    The South African resource covers a massive area, is free flowing (no drills yet) and could potentially have reserves that could conceivibly justify it being floated seperately from MPO . The fact that some of the wells have water in them is completely normal for CSG many gas wells, hence the regular need to dewater (as in China currently) .
 
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