In today's Baillieu Briefing report: Discussion about Molopo Quebec gas play improving Discussion about Tallisman, Questerre and Junex announcements Then recommendation: ....Molopo's asset values exceed the current share price valuation by a considerable margin. We expect that management will add considerable value as projects are bought into production over the next 2-3 years. Our 12 mth target price remains $3.05. We retain a BUY recommendation for both short and long term investors. However the risks associated with expoloration companies are HIGH and the stock is not suited to investors with a low risk profile.
MPO Price at posting:
$1.20 Sentiment: ST Buy Disclosure: Held