re: Ann: Molopo Energy agrees to sell Barnhar...
It seems to me that many medium oil and gas companies in NA are finding hard and cash strapped. Hence why I wasn't too happy with what that poster was proposing to do.
As for the rest of you pot Swami2, it happens that I agree with you 100%, including of course the part about Management.
For the life of me, I am still at a loss as to why we had to get out of Australia and put all of our efforts and resources in NA, which proved nothing but disaster IMO, while I am still of the strong belief that we could have done a lot better here in OZ. Besides our CS, who else have we got here in Australia.?? Even the Chairman is no longer an Australian.
I only wish that they would start doing a return of capital to the poor long term suffering shareholders with most of the cash we hold and, as they sell the rest of the assets, they will continue to return more and more capital to us all.
But....do you think they will.??? I think that we will see pigs flying first.
How long has it been since we put the tip of a drilling rig into the ground.??
MPO Price at posting:
17.5¢ Sentiment: None Disclosure: Held
