re: Ann: MOLOPO ANNOUNCES 2013 CAPITAL BUDGET...
Our revenue for previous 6 months was less than 2.5 mill so about 5 mill for the year would be tops. Admin expenses are forecast to be reduced from approx 10 mill to 7.5 mill. That means a 2.5 mill loss to start with. Then subtract another 15 million for projected work to maintain the leases and Molopo are faced with a urgent need to do something quickly. I suspect we may have a rep present here. http://www.marketwire.com/press-release/pls-dealmakers-kicks-off-thursday-april-18-2013-in-denver-1778151.htm
MPO Price at posting:
30.5¢ Sentiment: None Disclosure: Held
