Meeting set to untangle Molopo mess

MOLOPO Energy’s board has advised the market a mediation between it and the Drawbridge parties is listed for a possible hearing in the US in the fortnight beginning February 17, the first bit of news in resolution to the ongoing Molopo mess in over six months.

 Meeting set to untangle Molopo mess  Meeting set to untangle Molopo mess  Meeting set to untangle Molopo mess  Meeting set to untangle Molopo mess  Meeting set to untangle Molopo mess

Mediation date set for mid-Feb as new directors continue pursuit of former board

 
The directors are also still "vigorously" pursuing claims against the former directors in the Victorian Supreme Court and said yesterday they remain confident in a successful recovery of funds