TPT 0.00% 0.9¢ tangiers petroleum limited

Ann: Suspension from Official Quotation, page-37

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 656 Posts.
    lightbulb Created with Sketch. 52
    Not sure if it will be good news or bad, I think it is likely that cash backing is slightly higher than the current share price (so I suppose good news).

    I don't understand the need to be suspended though. Everyone knows the time it took to drill so I don't think there is a need to "keep the playing field level". If the drill went long then I would say a suspension until cash raising announcement but I just can't see them getting through much more than their free carry + $7.5m leaving $8+m in the bank.
 
watchlist Created with Sketch. Add TPT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.