TPD 0.00% 21.0¢ talon energy ltd

Ann: Walyering and Gurvantes XXXV exploration activity update, page-30

  1. 145 Posts.
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    Hold the line, guys.

    The punters/traders love a SP that is around 1c as the % growth can be huge on good news. We have three very significant bites at a very attractive cherry:

    * Walyering Resource Estimate upgrade to commence on flow test results at Walyering-5. If this goes as we hope and expect, this will move the market once certainty around the resource is concluded.
    • Spudding of Walyering-6 well imminent, with Ensign Rig 970 scheduled to commence mobilising. Any success here and up we go.
    • Preliminary core testing underway at the Gurvantes XXXV Coal Seam Gas Project indicate high gas content and saturation. Don't underestimate the impact of success here.

    Three opportunities within a short time period (in explorer terms). We are on the edge and moving into potential company-making territory. Three opportunities...many penny-dreadfuls wait years for one chance.

    The fun is just beginningsmile.png

    DYOR.
 
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