MPO 0.00% 14.0¢ molopo energy limited

smh article, page-2

  1. 2,866 Posts.
    Last half of that article is mostly about Sundance, but the first bit is interesting

    "...Radar thinks a more likely answer is that some of these companies have been sold off too aggressively.
    The market for small-cap resource stocks has staged a mini fightback this month, but in the past three months, the ASX Small Resources Index is still down about 17 per cent.
    A big reason for the market's fear is uncertainty over funding, since mining is a very capital-intensive business."

    Certainly not an issue for Molopo with nearly $100m in the bank, so long as we can get a good return for those $$.
 
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