MPO - Molopo Gas

[thescreeners]

capping at 5.5
the market is running hot...
no ann. after all the promises of the management..
obviously something cooking .. >>
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

 

[RichKid]

Re: Molopo Gas - (MPO)

capping at 5.5
the market is running hot...
no ann. after all the promises of the management..
obviously something cooking .. >>
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

Please make your posts clear and coherent in future. See the posting guidelines and forum code of conduct asap. Thanks!

RichKid
moderator

 

[constable]

Stocks had some gains of late. Has got several exploration targets in china and one gas well in queensland that their currently testing for production worth a look anyway. Anyone else holding this?

 

[constable]

Buy order for 4000000 units at .043!! I should add its certainly not mine!

 

[constable]

Buy order for 4000000 units at .043!! I should add its certainly not mine!

Well the buyer is still there on the front line. You would think that to put $172000 into a stock of this type you'd have rocks in your head! Unless of course they are expecting some great returns ?!

 

[constable]

more large buyers?! All looks pretty unusual with no ann.

 

[corporal]

I watch with interest Constable, I just took up their placement offer at 3.7c have been holding some since last year. Seem to have a lot of upside and could be a possible take over target by one of the other larger gas companies.

 

[blobbob]

2 x 4million sell orders appear on the day the spp shares start trading?

 

[MalteseBull]

two strong announcements yesterday re: china and other wells,

looks to be a good day for MPO

 

[MalteseBull]

21m + shares traded in first half hour of trading,
broke 52 week highs,

a technical investors dream

 

[Snakey]

nice momentum here

 

[MalteseBull]

TRADING HALT

possible good ann or speeding ticket??

 

[clowboy]

Isnt it just related to the drilling announcment?

 

[Snakey]

this has started retracing and i have exited now
dont expect this to be the last we see of this one though
ill guess and say retrace to .058

 

[The Mint Man]

hey forum members,
Thought I would post up todays Ann: (looks good)

MEDIA RELEASE
MOLOPO FURTHER STRENGTHENS CBM TEAM
14 February 2007
Molopo Australia Limited (ASX: MPO) has further strengthened its Coalbed Methane (“CBM”) technical
capabilities with the appointment of two additional petroleum experts previously with BHP Billiton
Limited’s (BHP) CBM team.
The first of these appointments, Mr. Robert Motta, has joined Molopo as Senior Petroleum Engineer. Mr
Motta has worked with BHP for the last 12 years and has spent the last three of those years in the CBM
Asset Team. Before joining BHP, Mr. Motta spent seven years working for Esso, and eight years for
Santos.

Mr Glen Wormald has joined the Molopo CBM team as Senior Geologist. Mr Wormald is a petroleum
geoscientist with 28 years experience in wellsite, exploration, operations, development and petrophysics
roles. He has spent the previous 25 years with BHP, the last 2 years of which were devoted to CBM
exploration and development in Australia, China and North America. Prior to that, Mr Wormald
specialised in petrophysical operations and field studies on clastic and carbonate reservoirs in Australia,
Asia, Middle East and Africa. He has held many senior roles at BHP including Exploration Manager Bass
Strait and New Zealand.

Head of BHP’s Global CBM technical team, Mr Ian Gorman, joined Molopo in November 2006 as a non-executive
director. Mr Gorman has been with BHP Petroleum for 18 years where he has worked on a
variety of major international petroleum projects and more particularly, on CBM operations in Australia,
China and North America. Prior to heading BHP’s Global CBM technical team, Mr. Gorman held
numerous senior positions within BHP including Manager of petroleum engineering in Melbourne and
London as well as Producing Fields Manager for the Australia/Asia region.

Molopo’s Managing Director, Stephen Mitchell, said, “The appointment of Mr Motta and Mr Wormald
further strengthens Molopo’s technical capabilities as we gear up for the next phase of our development
and appraisal programmes. Molopo has substantial gas projects in Queensland, New South Wales and
China, where significant gas resources have been established. Alongside Ian Gorman, our new technical
team will play an essential role in helping us deliver on our operational objectives of expanded production
and reserves”.

MPO has been on the move lately as I have said in the breakout threads. They're looking good ATM.

Cheers

 

[tugga]

I'm so annoyed I didn't buy into this last week, I thought about it and told myself NAHH NMS will hit it soon enough.

 

[KIWIKARLOS]

Once it starts trading above 10 thats where there will be big gains.

Thinking of buying in but need to asses there prospects a bit more before committing. Seems to have had consistant gains as projects mature.

 

[The Mint Man]

some decent Vol waiting to be traded on both sides of the fence:
BUY
Number Quantity Price
5 1,281,060 0.099
5 1,110,000 0.098
4 1,051,546 0.097
4 900,000 0.096
3 561,685 0.095
6 676,000 0.094
6 1,150,000 0.093
4 513,700 0.092
9 1,285,932 0.091
8 884,858 0.090
SELL
Price Quantity Number
0.100 30,924 2
0.105 4,714,578 27
0.110 3,245,000 15
0.115 1,805,135 6
0.120 420,000 4
0.125 119,500 2
0.140 50,000 1
0.150 250,000 1
0.160 100,000 1
0.175 50,000 1

Still an hour to go as well, and well over the 65 million mark. Quite a good day!
Almost looks strange to see a gap of $0.005 between prices on the sell side

 

[exberliner1]

Have a look at the closing depth on this one people.....

If you haven't already....recent trading action would indicate we have the beginning of a huge rerating....

3 ex BHP guys have joined MPO and the buying is relentless...

Anyone got any comments....I am expecting a huge Friday...ask depth is fast disappearing and all sellers are immediately being snapped up...sometimes a complete price level in one go...

I hold lots of oppies..

EB

 

[moses]

You're right, the closing depth is where it was all at. Probably gap up I suppose. Smart money chart looks good too, not just for the smart money but because everything is pointing UP.