TPD 0.00% 21.0¢ talon energy ltd

Ann: Discussions with Strike Energy, page-303

  1. 968 Posts.
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    Here is a viewpoint that is probably not going to sit too well with those that have already made their minds up irrespective of the actual situation. I do not believe that TPD has the technical, operational or commercial acumen to best utilise the value generated by Walyering. Funding high risk exploration in marginal acreage that will likely torch 20-30% of the FCF from Walyering before thinking about what to do next versus a scrip deal at a premium where the counter party will invest Walyering’s FCF into development of other discovered fields with the result likely to increase the SP, I’ll choose that.
 
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