MPO molopo energy limited

It is the very fact that AOE has much more 2P reserves than MPO...

  1. 195 Posts.
    It is the very fact that AOE has much more 2P reserves than MPO that makes AOE shares worth $2. It is a totallypointless exercise to DIVIDE AOE's reserves by 17 and say that then AOE would be worth less than MPO.

    What you and I and all of us want is to get confirmation that MPO's 2P reserves are a MULTIPLE of what it is now, so that MPO can track AOE upwards. It is no use to me for AOE to fall back, so that AOE shareholders become our bedfellows in misery.
 
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