TPT 0.00% 0.9¢ tangiers petroleum limited

Good strong open, page-8

  1. 34 Posts.
    Was at a company presentation at lunchtime, David Wall spoke well but there was not a lot of new info but a couple of points of interest :

    - mentioned spud in the next "few days'
    - GALP have calculated chance of success at 29% for Trident (as opposed to 21%)
    - Described the upcoming drill as a bet - success could be worth $4billion to the shareprice, multiple of 40 times current price, duster will see it under 10c
    - suggested a find of 30mmbl + would be economic
 
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Currently unlisted public company.

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