Definitely SP appreciation will make us more comfotable in this current PB enviroment, no doubt about that and hopefully we are only some good news away from that. I continue to try and concentrate on the now and what is Talon ie; Walyering Gurvantes L7 & EP437 Condor Talon is no one trick pony and the recent farm-in with Triangle has expanded the portfolio and in my opinion a great move. In the likelyhood of a possible TO move on Talon, a good consequence is that it would probably be someway down the track and by that time the preceeding TO activities will have established a far better understanding of company values, could be very advantageous. Also if all goes to plan our SP will have benefited from pending announcements and company will be in a much more secure position. Can't control what the future has in store for us, but what we can control is our business and that is managements priority right now. There are still loose ends to be sorted and I'm sure they will be ASAP. Very interesting future does Talon have, there may have to be some restructuring as has been posted by Lethal and others, all possible but the Gurvantes Project makes Talon just that bit different to other PB operations and remember we have in our JV with TMK the first right of refusal on any selling of ownership that TMK may wish to initiate, this condition may not be exercised, but it sure is a great card to have up your sleeve given the circumstances that may develope. Good piece of negotiating that. All my opinion GLAH
TPD Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
