Ann: GAS FLOWS COMMENCE FROM NEW WELLS, page-26

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nippy

14,513 Posts.

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18/01/25

11:05

Post #: 77458491
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Originally posted by Vivelin: ↑

I agree with Superpaddy. The beauty of our modern capital markets is that you can slice and dice your own portfolio of risk exposure, however you want, and at minimal transaction cost. Put all your O&G allocation into one diversified major if you want, and enjoy the blended return from their management’s judgement. Or, back yourself and curate your own selection of projects you like that you feel are undervalued from the many single-asset juniors available out there.

FWIW, here’s why I hold TMK:

- absurdly cheap relative to others with similar levels of project derisking
- management are transparent and sticking to their knitting (as others have commented), emphasising execution over story-telling
- tenement is large and varied enough to offer other opportunities, should current pilot prove uneconomic
- plenty of work still to do on the offtake strategy, but being situated a stone’s throw (50 km up the road?) from a border port into the world’s largest energy importer strikes me as a good start.

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Agree in the event of being found to be even slightly economic the returns can be huge.

Unfortunately, if found to be slightly uneconomic a huge area won't help you.

The mathematics only gets increasingly negative with size.

TMK Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $30.66M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
88	113295855	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	7211416	2

View Market Depth

No.	Vol.	Price($)
88	113295855	0.002
23	151741081	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	7211416	2
0.004	47009860	44
0.005	35246466	20
0.006	2133000	4
0.007	14890755	6

Last trade - 10.38am 16/06/2025 (20 minute delay)

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Ann: GAS FLOWS COMMENCE FROM NEW WELLS, page-26

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