re: Ann: MOLOPO ANNOUNCES 2013 CAPITAL BUDGET... swami2
It will not be $20.
The operating netback for last quarter was $25.47, mine is an optimistic guess for this year.
Opex is essentially a fixed cost at $9.93 .
Recovery in the US gas price to around US$4/mmBtu from lows last year will improve the companies cash flow. As well oil has increased from the mid to high 80's to the low 90's.
Anyway good luck to all holders. I am out of MPO at a loss.
