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21.0¢ talon energy ltd

Ann: TMK: Production Testing Commences, page-7

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Justadabble

9,164 Posts.

3107

19/07/23

09:19

Post #: 68857589
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Originally posted by tt2000: ↑

How many nothing announcements can this company make

Drilling commences
Rig to drill mobilised
Drilling completed
Testing program on schedule
Commissioning of wells underway
Update on final commissioning of wells
Testing commences
Most companies only announce 1, 3 and production results - to get this this, I'm guessing we will still get the following updates along the way

Testing completes
Update on final initial gas
Initial gas expected in a week
Initial gas results
We could have read through 11 announcements only to find the initial gas results are good or are a duster.

This type of spruiky behaviour suggests another CR is imminent and they are trying to get speculative interest to inflate the CR price (which to me indicates the well is going to be a duster / not feasible). Calling it now.

Only reason I remain here is for the Perth Basin assets, for which there are other delays.... Walyering should have been in production in Jan...we are now July and no sign of cash.

CR imminent... surely it's not at a discount to the last CR which was at a discount to the previous one

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Far out, so much horse manure in one single post.
TPD Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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