MPO 0.00% 14.0¢ molopo energy limited

repositioning for toronto listing?, page-6

  1. 2,634 Posts.
    lightbulb Created with Sketch. 279
    The stock reporter says this: "Typically these wells decline rapidly rather than incline",

    however MPO says this: "Typicallly Bakken wells show max daily production at 3 months".

    So really I don't think it was a surprise to MPO.

    Also why do you guys believe MPO will be cap-raising along the way? Are you talking about Cap-raising in the next 3-6 or are you considering more of the longer term?

    I'm new to research Molopo, however I just assumed that if they were running low on cash they'd just sell some of their $50 million odd holding of Legacy shares?

    Cheers, this stock seems very cheap!
 
watchlist Created with Sketch. Add MPO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.