Australia's largest stock trading and investment forum Australia's #1 stock forum

TPD

Click for more information

0.00%

21.0¢ talon energy ltd

Yes I think the discussion are well advanced on the...

First 37 Last

Share
Profile

Follow
Shirazy

106 Posts.

41

05/09/22

18:22

Post #: 63528604
Share

Originally posted by RedRooster2: ↑

Out of interest Been having a look at PetroChina and all its subsidiaries and operations.
Massive, powerful organisation, summed up well by an article from SH last month headed.
"TMK's successful coal seam gas drilling at the Gurvantes Project has attracted the attention of the proverbial 800lb gorilla in Petro China"
PetroChina are heavily invested and active in Mongolia.
TMK's CEO Mr Brendan Stats had a bit to say as well.
"PetroChina has expertise in the full value chain of oil & gas, from drilling through to development and eventually commercial production."
"We are very confident that this new relationship will continue to grow and more definite agreements can be entered into as the process evolves."
I found the last bit of that sentence very interesting ?
He said "as the process evolves'
Not, as the project evolves.
Might just be playing with words, but got my attention instantly.
This is one hell of a situation TMK/TPD have got themselves here.
Stand tall time ! $$$
All imo.
GLAH.

Expand

Yes I think the discussion are well advanced on the negotiations. I suspect that nothing will happen until TPD confirms its intent on funding the pilot wells. Then 67% -33% is locked in and a deal can be arranged on those metrics.

TPD Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 37 Last

Add TPD (ASX) to my watchlist

SPONSORED BY