if you calculate the 10% of the flow rate it still gives a handsome return to talon on a monthly basis
things will change, farm in may well go ahead and we shall see what cap raising are needed.. i bet cliff is greatly relieved, he seriously and thoroughly researched what swift did (drilled out of formation without 3d's and incorrectly fracced) leaving a great opportunity here for the talon holders
as much as sundance saw no value in the olmos, disbelieved the oil play entirely, imho they have let go a pretty exciting patch of oil
i agree there is only a handful of us left, but i also imagine we all have got larger holdings than ever before
i really like to be on a share heading north rather than south...
TPD Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held