MPO 0.00% 14.0¢ molopo energy limited

investors should be ready m&a offers coming, page-3

  1. 506 Posts.
    I can' t see the value in a takeover for shareholders. We are self funded now to 16k barrels per day... The only reason mpo wil come to shareholders is to obtain cash for an acquisition or to accelerate production (I'd imagine if oil went to 120+). Signs are positive that wolf camp will be far more economic than spearfish was ever likely to be and gas prices are likely to start recovering next year meaning our sleeping monster acreage in Utica could come on line.

    The last piece of the puzzle was our management. Tim g has solved that problem. (he is also investing big in mpo from his own funds).

    Bhp opportunity was at 40c to take a risk with some pocket change. Mpo will cost them significantly more money now. To even get through the front door they need to be +$2.50. This stock will be worth $9 in 4 years if we stay patient. If you don't believe me take a look at legacy price chart.
 
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.