Tatanga Energy.
Does anyone have any info on what this company is worth ?
How deep are its pockets ?
Who’s backing them ?
I can only find a heap of IVZ/Tatanga threads and the glossy Tatanga Energy website. (Haven’t dug too hard).
Looks to me that there is lots of “in progress” solar projects, but nothing actually operational, running or being monetised.
Looks like Tatanga may be taking a backflip from being “green” to actually being able to supply power for its customers
Whilst a refresh of the MOU is nice, like many have said its still only a MOU and can be walked away from at any time.
Would have preferred a new Sable Chemicals MOU for supply for feed gas for fertiliser production (and energy - makes sense for Sable to build their own power-gen plants with a constant and readily available gas supply nearby) to make the SP pop before this cap raise (as the ANN was intended to do.)
All hinges on the flow test at this stage.
Hoping after the CR that the flow test gets fast-tracked….. what are the long lead items we haven’t ordered yet - or is LLI another typical and acceptable corporate stall/delay tactic.
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