TPT 0.00% 0.9¢ tangiers petroleum limited

Ann: Notice of Annual General Meeting/Proxy Form , page-3

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    re: Ann: Notice of Annual General Meeting/Pro... Timing is Everything.

    Aus company that placed 37M shares at AU$0.17
    That increase in resulted in a total amount of 150M shares
    Giving a then MCap of £16.5M, their share of prospective resources within the JV was 80mmbbls.
    They went on to a pre spud MCap of +£75M. ( 4-5 weeks from placing )
    This cap raise was all done at the height of the European financial crisis, Alice Spring and USA budget crisis.


    http://www.asx.com.au/asxpdf/20111216/pdf/423blt2qzmqfgb.pdf


    TRP MCap £20M with 198M shares and prospective resources P(50) 190mmbbls,
 
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Currently unlisted public company.

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