The options have been holding the SP back but hopefully the SP gets a nice clean run soon.
hard to predict SP targets. Walyering *touch wood* will be quite a simple project. Mongolia is a beast in comparison. from memory Talon has an estimated 700bcf + 85ish bcf at its Perth Basin project. Mongolia has a predicted 5ish TCF from under 1/3 of its resource size. Mongolia will be hopefully be an ongoing, increasing in size, resource. Many TCF’s. Will just take some time compared to Perth Basin.
obviously the % owned of each resource by TPD needs to be considered.
success at Perth Basin followed by initial success at Mongolia should hopefully do wonders for the SP. You could go long and hold on for years or sell after first gas shows. This is the benefit of a multi resource company.
Good luck all.
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