I am still here. Trying to figure why the sp keeps dropping despite our cash held in US and market cap in Aud. Could there be a lack of real interest in our Permian assets? Could the legal suit against MPO have some serious legs and impact on Molopo? On the plus side Approach Resources,(a neighbour) have just raised $250 million in senior notes to fund capital expenditure in the Permian Basin. There also should be some interest in Sth Africa as we hold the only on shore production license there. News is expected there by end of Month. Be nice to get a update or notice that a director is buying more.
side script. Tim Granger is not having any more luck at his new job. Lonestar resources has dropped over 50% in the last 2 weeks and at a all time low of 49 cents
MPO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
