A few things...
Walyering gas flows with money incoming. It has to be soon, NWE didn't even get the 3D completed and only had 1 hole drilled at the time.
TPD has multiple things on the go. Walyering, Mongolia and now the 25% interest in L7. NWE only had the 2 EP's side by side and MIN had that locked away at 80% + 19.9% of NWE.
So if a T/O were to come, NWE ended up around 450 to 500M MC, I would expect TPD to be valued more. Whether it eventuates I don't know, but hope like hell that Walyering delays are minimal and at least an announcement is "imminent"
P.S. I really need to look up what imminent actually means
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- Ann: STX: Walyering Update
Ann: STX: Walyering Update, page-57
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