A prespective...from which company you look at it from...
TPD and its shareholders and management are taking risks and raising capital and spending it to gain 33% of a giant gas asset in Mongolia. They must see future benefit in getting involved?
TMK and its shareholders are currently outsourcing all exploration work and capital funding to others to and giving 33% of its future value to someone else in exchange.
As TPD sees the exponential future value creation for its shareholders by getting involved does that mean that TMK is losing exponential value for its shareholders by loosing 33% ?
Why couldn't TMK do themselves what TPD has done to date? It TMK maximising future shareholder value?
TMK Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
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