MLOOF.pk Molopo - Junex Royalty InterestMolopo is listed on the Australia exchange and can be purchased on the US pink sheets. The latest analyst report shows a high value of $2.52 per share in Australian dollars (take a dime off to convert to US dollars)
https://www.molopo.com.au/analyst_baillieu_14_3_08.html
In the Analyst report, of that $2.52 per share of value only 25 cents is allocated to Quebec shale gas.
Molopo currently trades at a $1.53 per share. With 183 million shares outstanding the Quebec Shale gas property is free. Molopo has 1,8 million acres owned 100% subject only to a small royalty to Junex. A majority of the land is in the Quebec Lowlands in close proximity to Questerre and Talisman. Their acreage is equal to or superior to PCQ and ATI in my opinion.
https://www.molopo.com.au/canadian_pres_4_08.pdf
Molopo's main business, Australia coal seam gas has been getting a big boost because one of Australia's biggest producers, Origin Energy, is in play to be bought out by BG Group of Great Britian. Australia is ramping up production to ship LNG gas to Japan and China.
It is only a matter of time before the Quebec Shale Gas mania reaches Molopo