energy and capital, page-25

Hi Musashi69

They will have to disclose the flow rates as they become clear.
The next two zones are the primary targets.

Carynginia Formation 3&4 really is the main play.

A-1 achieved an unstimulated 4mmcf/d from this zone from natural fractures and the site is just 400m away.
There is no guarantees in the oil and gas business (Woodada deep) but one would think the odds are very much in our favor for the A-2 Caryninia
2 zones were fracced here and a lot of fluid has to be returned.
It's going to take as long as it takes. Impossible for the "company's" to know.

Then IRCM will be flowed WITH Carynginia.

So I personally think we will be at least here before any raising that we all know is coming.
It makes no sense to me to raise now when it seems they have enough in the tank to get these results to market.
If the results are anywhere near as good as A-1. They will have no problem getting funds.
As you know. The Smart money will probably pump it on these results before a raising anyway.

It's all about low risk entries for TA so I know where your coming from. But I'm locked and loaded. I'll hopefully trade my parcel at a higher price (which is already in profit) and set it aside for after the raising.

My investment plan for this is mid term so the day to day price movement is not all that concerning to me anyway.

With Kockatea, contingent resource estimates (which I believe will be big numbers) and possible production plans.
I think in 6 months I will be very nicely in the green.
(Obviously reassessed as results become clear)

Anyway. Good discussion.

And just my opinion.