re: Ann: Recommended Takeover Offer By Tangie...
Reactions so far from various boards
Massive upside now
Nigeria looks good for income flow potential
This is a win for both companies, cost synergies, diversification, plenty of cash...the benefits are endless. Both companies are very undervalued, this deal may go along way in helping them be valued more highly
it has my vote
It's got the adjacent block to Afren and Lek which was extended by Sidetrack.
By the time they even get to drill that the SP could be in orbit spinning around the moon.
Partner with GALP and DGO funded 2014 program 11 drills in Morocco Cairn Kosmos, etc. Healthy Cash Position.
For potential just look at LEK oil valued at 200m with non operator asset in Nigeria
Just imagine how outlandish the broker notes will be with these assets and 27m 2c resource now.
TPT Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
