TPD 0.00% 21.0¢ talon energy ltd

Ann: Waylering Update, page-27

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  1. 1,556 Posts.
    lightbulb Created with Sketch. 995
    Would normally agree.
    Just really cheap and getting cheaper with gas prices rising and Mongolia advancing to a point where a spin off is plausible.
    Whatever possible scenarios were done on Walyering, Ocean Hill, Condor 1-2 years ago are increasing exponentially plus L7 is added.
    Dont have to deal with a minnow.
    We will have $6-10m cash.

    They are sitting on bucket load of cash from WGO along with a script offer that adds $30m fcf p.a. or $200m for future drilling over thr next 5 years for stuff all.

    Someones holding this down.
    Accumulation isnt significant at the moment so looking at the only other logical reason

 
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