You know, you may be on to something. When Neil took over in 2017/2018 there were around 330m shares on issue, I'd have to go back and confirm but it's in an announcement somewhere.
In 2018 that number increased to 384m.
In 2019 that number increased to 487m.
In 2024 we're now at 1.1-1.2b shares. Bugger all money in the back to fund a project which would require at least another 2-3 vertical, and possibly horizontal wells.
Do you think we're heading the same direction at TMK, with 6.7B shares on issue? Or will you accept that we'll get a farm in partner and dilution will happen at the project level, not registry level.
BTW, it's not a 4 cylinder Mustang I'm getting around in. It's something closer to my profile pic.Great car, but its an absolute license destroyer.
General chit chat thread., page-3588
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