mpo mpooa open, page-3

chris_vasil...

It doesn't matter.

Biggest mistake people can make here is to concentrate on the price in five minutes, or three hours, or even tomorrow.

Need to think in terms of what it will be next week...next month...next year...

So many have sold them selves short on this...seems they will keep doing so?

Need to understand the dynamics here...MPO has significant value ties up in their assets, a value which until recently, then market did not have confidence could be realised.

The appointment of the BHP three effectively signals that such value now has a very real chance of being relised...one way or the other.

Compare MPO's market cap relative to GIP to their peers even without China and they are cheaper by multiples (still)...add in the China reserves however and there is effectively another CBM company hiding within!

Cheers!