MPO 0.00% 14.0¢ molopo energy limited

re: News: Molopo announces IPO of Canadian Oi... Impossible to...

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    re: News: Molopo announces IPO of Canadian Oi... Impossible to speculate meaningfully on this as yet. IPO proceeds should flow directly to MPO as we own the Canadian subsidiary. But it will need to be adequately capitalised from the start - so where will those funds come from. Could be done through short term finance at MPO senior level and then redeemed from part of IPO proceeds.
    All very interesting - on balance I believe timing and substance of management's intentions are sound.
 
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