MPO
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0.00% 14.0¢ molopo energy limited

org to fire up csg again

  1. pukin
    1,397 Posts.
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    08/09/08
    09:51
    Post #: 4239903
    Read the announcement just released!!!

    Independent Expert, Grant Samuel & Associates Pty Limited,
    values Origin’s shares at A$28.55 to $30.71

    BG group is going to be spewing....

    And ConocoPhillips as the partner... thats massive!!! The fight is on now!

    http://www.asx.com.au/asxpdf/20080908/pdf/31c5nn5z2xx9f2.pdf

    Valuation metrics....

    - A$4.00/GJ for 2P reserves; or
    - A$1.88/GJ for 3P reserves

    Jeepers!
    MPO Price at posting: $1.20 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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