Molopo are making a presentation at the good oil conference on...

Molopo are making a presentation at the good oil conference on Sept 01 in Perth, I am expecting this announcement will include all plans for stage 2, Glouchester and further details of the sales agreement signed with Origin.

The current contract (just signed) will pay MPO about 3k per day, which means a return on the cost of a well every 40 days using some basic math AND will cover the outputs from Mungi stage 1 and 2 (unless ORG buy in) in which case we will get a MPO stage 3

MPO is now undervalued, the investors hate it, it's ugly and smelly BUT it's got a clear sales contract now, just needs to build the wells (think about it - most of the stocks have the products but no contracts, this time we have contracts and not enough product)

MPO will be at 5.5 by Sept 01. Pillman Predicts