wilson's recommds mpo - 25.01.05
�� MPO: MPO has existing profitability through its coal seam gas joint venture interest with Origin Energy at Mungi in QLD. Origin Energy is the operator. The company has several other coal seam gas interests in NSW and QLD that are at various stages of evaluation. The most advanced is Harcourt/Bindaree, which is also a joint venture with Origin Energy. Origin Energy is the operator. Molopo has significant coal seam gas expertise in its own right. While QGC and AOE are considered to be at a comparable stage of CSG development, our ranking of QGC as BUY, and AOE as SPEC BUY, is a reflection of our greater understanding and depth of coverage of the former compared with the latter.
MPO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
