investor preso, page-40

Just a little snippet for you all to chew upon:

"MOLOPO ENERGY AGREES TO SELL SASKATCHEWAN ASSETS

Molopo Energy Limited ("Molopo" or the "Company") is pleased to announce that it has entered into an agreement to sell all its assets located in Saskatchewan, Canada for gross proceeds of C$7.0 million ---(US$6.8 million). Production from the assets recently averaged approximately 60 barrels of oil equivalent per day. ---Peters & Co. acted as exclusive financial adviser to Molopo on the sale, which is expected to close on 20 November 2013."

Which is some validation for the rule of thumb valuation of $100,000/flowing barrel.

So we are producing a nett what per day? Louise, alone, is about nett 100 fbpd

Note: I would bold the important bit if I knew how. Its within the dashes.