MPO 0.00% 14.0¢ molopo energy limited

Quoted by Ian Gorman the other day."As at March we had $28...

  1. 782 Posts.
    Quoted by Ian Gorman the other day.
    "As at March we had $28 million net cap position with no debt. That cash position will take us through to NEXT YEAR and at that stage we will have a built in production base in Queensland and we expect to be starting production and probably gas sales from South Africa next year. As for further fund raising we will look at all options to fund the projects. Some of our projects would be actually debt fundable we believe. We have a very large portfolio of approximately 18 projects in five countries, so we will look at the priorities amongst those projects as well as the opportunity to raise funds either through debt or equity."

    kse3137, are you expecting some sort of fund raising this year?
 
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Currently unlisted public company.

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