There is little doubt that we have the goods in the ground. However, the share price will not lift much until we hear how we are going to fund the half billion (or more) it will take to get the big show moving.
With the shares so severely undervalued a capital raising at current prices would be extremely dilutive. If we are to get real value we need a large part by other means, such as borrowing, and that will take a very good demonstartion of the level and certainty of our revenue from production.
The fact is, it will be difficult to get people to buy when there is so much un certainty.
TNG Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
