MPO 0.00% 14.0¢ molopo energy limited

Molopo had done nothing for the past 5 years, but it is now on...

  1. mpl
    80 Posts.
    Molopo had done nothing for the past 5 years, but it is now on the move on the coat
    tails of the CSM bubble. The company proudly proclaimed that it had acquired an
    executive team of technical managers from BHP, who must be able to run the company
    more professionally than it has in the past. The company is building 2P gas reserves in
    the Clarence Morton and Gloucester Basins and holds $42 million of cash, so it should
    be able to pay the new team (for a while). MPO has interests of doubtful quality in
    South Africa, China and West Virginia.
    Salinas Energy is developing a 5.5 mmbbl, heavy oilfield at its North
 
watchlist Created with Sketch. Add MPO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.