This is not just once off, more conversions are required. Management must be pretty confident to sink so much money into the company. I still think, they have plan B.
With BRU fighting REY over land, TPL could be seating on some substantial oil shale assets. Is TPL entitled to apply for a petroleum exploration license? If so, this is a massive re-rating.
This is not just once off, more conversions are required....
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