Ann: Response to Media Coverage - Non Binding Indicative Proposal, page-164

First 164 Last

Share
Profile

Follow
Justadabble

8,964 Posts.

3029

27/07/23

00:45

Post #: 69001995
Share

Originally posted by BlueSeal: ↑

... please calm down.You are not Robin Hood.

Mir911 is one of the most respected & trusted shareholder at STX over the last decade. I can't remember when he ever got it wrong about "company insights". Yes, he wants to make money like all of us. But to speak of "stolen value" is beyond harsh.

It's all about risk and de-risking. We would get fair value (20-25c ex Mongolia) for Walyering for its current status. If Condor /L7 were to come into play, you're absolutely right with a higher fair value. But take a look at NWE. Their second well was a dud and MIN ended up paying way too much money with the acquisition of NWE (compared to initial value calculations). MIN took the risk of drilling at an early stage and lost. --- that's the game

It's the same here. If TPD moves on, we definitively need fresh money to proceed with Gurvantes, L7, Condor etc. Even Walyering would not provide enough money for all. Finally, there is a real chance of beeing successful with some of the projects, but it takes years, CRs and we still have the drilling risk and could end up with a duster.

If STX takes over the risks it could end up with dusters/fails as well, but they are much larger and a much safer heaven with SE/WE.

just my POV.

cheers

Expand

"beyond harsh"? Pleeeease. He's not Bambi you know and I don't see any objection is his recent post. I accept that he is not part of the "bullies" that met with TPD.

Here are three independent valuations for you to peruse, including ofcourse John Poynton's mob Euroz. Enjoy. It's a NO from me.

https://www.talonenergy.com.au/investors/research/

TPD Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ASX hits all time high out the gate on Friday trades following bullish US inflation data

There are more pages in this discussion • 26 more messages in this thread...

First 164 Last

Add TPD (ASX) to my watchlist

Ann: Response to Media Coverage - Non Binding Indicative Proposal, page-164

Top Stories

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Nimy to raise $1.21M to explore 'newsy' WA targets

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

Immutep reports strong response rate from immunotherapies treating carcinomas

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Featured News