TPD 0.00% 21.0¢ talon energy ltd

Ann: Firm Commitments for $14ml Capital Raising, page-201

  1. 3,577 Posts.
    lightbulb Created with Sketch. 598
    We need to look at the big picture here .. sure the cap raise sux and stagnates the share price moving up .. but the big picture is we are going in to production within a few months and will be generating cashflow.. with this, we have also gained another project .. to me its short term pain long term gain.
    Been holding for 18 months but i rather be in a company that will generate cashflow in the short term than live in hope that a company will .
    87m market cap at 14.5c it will be .. ok but a company with a 87m market cap will have 20+ million in its coffers and 25m cashflow per yr in few months with projects on the horizon.. thats the way i see it .
 
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Currently unlisted public company.

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