Molopo Australia Limited (mpo)

[ananda77]

...in the meantime:

-Reserve up-grade out yesterday

-200m share issue to come to pay for speedy development of Mungi Field to deliver gas to Ergon Energy in 2007

-possibility to buy assets from Origin now 'For Sale'

-two wells in USA spudded

Interestingly enough, shareprice spiked but headed back to 60-day support line on profit-taking...options closed 0.2 higher

Kind Regards

[thescreeners]

molopo starting > next wave up >>> 10 cents <<
support 5.2
accumulation still
got to go into momentum soon...
on the back
Mungi rerating
USA projects updates
??????????

[ananda77]

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[thescreeners]

hello...
seems to be a bit of placement play with ABN AMRO..
apparently thet were selling the stock at 6 cents, on the knowledge to have the placement at around 4 cents,,,
that almost an insider play....
just common pratice i guess.... just have to be a sophisticated investor to have access

[TerryA]

Good article in this morning's Australian.

http://www.theaustralian.news.com.au...55E643,00.html

[thescreeners]

Molopo should bounce from tripple bottom

next wave break out soon
target 10 cents

[thescreeners]

molopo capping at 5.5
the market is running hot...
no ann. after all the promises of the management..
obviously something cooking .. &gt;&gt;
good or bad that question,...
china pending
mungi production update
gloucester in progress
usa no news after the drilling,
molopo should be 15 cents in this market...
what are those ruthless management gnomes doing ??
looking after them self

[ananda77]

thescreeners:

You get a more positive view on the options. Cheaper, 18 months to go, plenty of news in the pipeline...

Kind Regards

[thescreeners]

hello my friend...
i know you like molopo , and i do and know it very well...
not so sure about the options any more,, the shares could go to 12 cents and the options dying on you... do not trust the insiders,, they sell in to news and down ramp their own stock...
but of course if they deliver the gas flow , then molopo will be rerated...
insofar not yet

[ananda77]

screeners:

...my friend, have done well with mpo/mpooa and right now, out of mpo/mpooa alltogether .

...will watch any positive development with interest...

Kind Regards