Main reason share price is moving right now is the expected commencement of the maiden drill program in the Kimberley... Expect we will hear an up to date progress report with the Qtly due shortly.
Wildcards here are the following in my opinion...
1. Announcnement of further Land in Galilee basin QLD (See charts/Mcap for neighbours BND / EER for and insight of whats possible on TPL's QLD Tenements (TPL current target to 500mt Coal)
2. More approvals of land in the Canning Basin WA must be close IMO
3. Some Mongolian Coal project/land drops out of the sky suddenly just like the QLD land did.
4. Someone (..Rey?) and or Chinese decide to take agrassroots interest.
Agree that when it breaks 12mth and closes above it it will be game on...
TPL Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
