MPO 0.00% 14.0¢ molopo energy limited

markets awaits molopo, page-46

  1. 8,589 Posts.
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    Hi Jusik,
    this was where I found that ref to w/off of Quebec - its the Profit Guidance release of 1 Aug.
    As senoj says, its probably related to the uncertainty created by the Quebec Govt. Its only really a balance sheet thing, but does not look so flash.

    "The guidance range largely reflects Molopo?s increased activities, one off items including the write off of its Quebec assets, costs associated with the termination of the proposed North American listing of Molopo?s Canadian oil assets, the sale of the Spearfish asset for C$188m, a management restructure and non-cash items including amortisation, depreciation and share based payments."

    cheers
 
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