TPT
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0.00% 0.9¢ tangiers petroleum limited

GoldiesshotzWell are you still calling me a Muppet?As I expected...

  1. WhiteNoise
    6,650 Posts.
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    28/04/14
    11:38
    Post #: 13291743
    Goldiesshotz

    Well are you still calling me a Muppet?

    As I expected the well cost is now going to cost USD 75 million.

    TPT share = USD 14 million, let us assume the worst case.

    Right issue assuming 15% max at 20c = USD 5.25 million, is that enough.

    I expect shareholders will be asked to approve another 10% or so.

    Good luck
    TPT Price at posting: 21.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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