HC ,
I do understand TPD can raise cash if STX abandon the SOA, however I also understand TDP would not be trading at 23c now if it was not under a SOA by STX.
If STX drop TPD they would most likely be raising below 20c and more likely getting absolute crap deal by any lender. ( You know how easy is to get Finance for a OIl/ GAS company especially a LOW RISK company like TPD haha , Quick and easily I doubt it)
Sorry about the rant before, but im quite sick of TPD holders coming in to STX thread and spread all they bullshit just to suit their agendas.
Also just can't believe TPD shareholders don't see the value on merging with STX at this ratio, TPD have already approach other suiters in the region ( Min Res, Gina and the likes) and got knock back , why its because TPD is too small with all minority stakes in all of they projects , in another words TPD is insignificant for big players like Min Res , Santos , Gina and the likes.
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