daytraders after market lounge 10th july, page-28

  1. 22,120 Posts.
    lightbulb Created with Sketch. 20
    Good to see TPT in that first list of yours Ravgnome

    This bit really sums TPT over the next 3-6months from the report

    "H2 CY13 will mark the beginning of a renaissance period for the Moroccan O&G industry with operators planning to drill up to 10 wells commencing Q4 CY13

    We expect several significant catalysts over the next 6 months which include
    - Ministerial approval – Q3CY13;
    - Receipt of $7.5m from Galp Energia – Q3CY13;
    - Contracting a rig to drill the maiden well – Q4CY13;
    - Regional drill results from proximal operator – Q4CY13 and
    - Drilling of well 1HCY14
    We believe timing is opportune to begin gaining exposure to TPT prior to these key catalysts particularly given the current valuation. Potentially within 6 months TPT will be on the cusp of drilling 1 well targeting three prospects, which, if successful, could add $19/share."

    That $19/share upside is way to big to ignore
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.