MPO 0.00% 14.0¢ molopo energy limited

whats going on, page-15

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    But as Jusik has just reminded everyone, Gorman is on record as late as last week as saying that they are funded through to next year.

    Additionally, at recent presentations Gorman indicated that they might look to dispose of an asset that is non-core, or borrow. If they have production coming on-line, borrowing would not be a problem.

    Gorman is speaking in Singapore next week and the initiation of coverage by Credit Suisse will go hand-in hand with this presentation. I expect that we will see more buying coming from overseas next week on the back of this coverage.
 
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