let the games begin!, page-64

To other investors, im not saying TXN isnt or wont be brilliant. Potentially it could be a multibagger, and if the story plays out as it seems like it might , it most likely will be.

All im saying is compared to the other three Aussie shale players EKA SEA AUT, Im saying TXN has been ramped very early and as such its share price is very high comparred to the other 3.

As sharejon says, perhaps based on the success of the other 3 TXN is being given an earlier premium. PErhaps? And if it all palys out nicely you early entrants will be rewarded very well.

But it should be also noted that it is horendously expensive imo given how much risk it is still to remove.

AZZ holders found this out the hard way when they did the exact same with an early premium.

And for TXN as MR#1 shows when it rapidly declined to 9boepd, there are risks.

Watching and waiting for derisking.