phone call to molopo dated december 2000

a phone call made by a shareholder
I spoke to MPO last week, all the 7c shares are gone in seconds, staff took a lot i believe.

They told me that they will continue to advise the market on the progress of the wells in china, they are confident of sucess but nything can happen and it may not be vialbe, but if it is ok they are sitting on a huge deposit, they mentioned a billion dollars., may be 5 mths before they know more on that but each test is better and better.

One a local front, they are about to commence drilling in partnership with pacific Power a gas well in te St georges Basin, this is an old deep oil well, when they dug it so many years ago they came agross a lot of gas deposits then, that was thought an annoyance then, not money in the bank as it is now. This is one that they do have the warm and fuzzy feelings about, will have a result this month they said

I hold MPO and now looking for more

Posted on Dec 2, 2000, 9:20 PM
from IP address 144.132.158.53

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