Ill take $80mln happily - especially considering our current MC is only $54mln...
If anything its some more positive cashflow for us... to go along with the 230 mln odd options still to go... Mongolia and Condor are the real money earners and always have been.
My hope is that we can sustain some SP action over 1c though... some good announcements and hype will go a long way to assist.
It feels like TPD is shaping into a longer play, at least thats what i keep telling myself. I wasnt a fan of the tonne of options as a financial structure as it would always heavily suppress SP and I dont own any options... but im starting to see the directors plan with it and thats to keep time on our side with positive cashflows till we can properly do the DD on Condor and get gas flowing in Mongolia.
TPD Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held