Molopo is a winner. They have a great range of projects both domestically and around the globe. I personally believe MPO is still a bargain at today's price, because of the range of projects, and the likely announcements that will push the sp up much higher.
Once it gets passed 30..40c, there will be people here wishing they'd bought in earlier or held on to their shares.
Queensland - coal seam gas developer and producer in Queensland. It has interests in a series of permits in Queensland’s Bowen Basin.
New South Wales - Molopo has interests in three Petroleum Exploration Licences (PELs) in NSW, covering a total area of 5,700km2.
China - The Liulin Block is geologically one of the best CBM blocks in China, with many attractive characteristics for a commercial project such as high gas contents, thick coal and high permeability.
United States - Molopo’s interests in the USA target conventional gas, CBM gas and shale gas resources, principally in the Appalachian Basin.
South Africa - Natural gas (mainly methane with minor amounts of helium) has been encountered in numerous deep mineral exploration boreholes and in many gold and coal mines in this area.
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
