Just came across this on mergermarket.com today. Unfortunately I can't copy the text and I can't find another source for it.
In summary: - "Molopo is in talks with a preferred bidder for its Qld asset". - "Giving an update on the trade sale process during an ASX event in Singapore (Joanna) Hughes said the progress has been slow but it is now in negotiations with one party - 'we think we're in a room with the right person now who has the financial capabilities to to transact, and indications are that they are serious about doing a transaction'. - "However, if it is not able to bring the current party 'across the line and agree' in the next few months, it would likely stop the process".
MPO Price at posting:
57.0¢ Sentiment: LT Buy Disclosure: Held