MPO molopo energy limited
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IMO - MPO appears to be valued at or slightly below its nett...

  1. MarkHGO
    8,346 Posts.
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    05/08/13
    11:57
    Post #: 12155339
    IMO - MPO appears to be valued at or slightly below its nett cash backing - not sure what impact the Fin. Ytd Aussie depreciating $ is having due to the Aud$ & US$ mix of MPO cash reserves. Expect the lower Aud$ is offsetting some of the cash flow usage.

    Noticed this article which may be of interest to HC members:

    http://www.forbes.com/sites/davidblackmon/2013/07/05/texass-amazing-shale-oil-and-gas-abundance/



    MPO Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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