TPD
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0.00% 21.0¢ talon energy ltd

Ann: Trading Halt, page-84

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  1. papasmurf61
    1,661 Posts.
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    02/03/23
    12:23
    Post #: 66559681
    Did the last CR mention the farmin with TEG? No, so some of that funding raised on 1st December went there.

    In saying that the farmin with TEG was only announced a couple of weeks later.

    I’m of the opinion debt funding hasn’t come thru therefore the only way was a capital raise. The cashflow from Wayerling is still away and again any delays push it back.

    Is this what we want? No, but this is the game of O&G.


    Last edited by papasmurf61: 02/03/23
    TPD Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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