It will be interesting to see how RAB play it out as they still have plenty of options. Im sure they will exercise them and thus giving them additional FPO's.
If they do want to continue selling, the speed at which they are taken out will be based on whether the market thinks TNG is undervalued or not. CBH could be the wild card here for an offmarket purchase of their stock.
Fingers crossed we get a green light on weather conditions so that drilling can start ASAP.
TNG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
