Agree 100% doyle. Hopefully if it does happen, any takeover won't occur too quickly.
I can definitely see light at the end of the tunnel now, and with an association with a company like BSP who appears to be so aggressive in the Chinese gas market, TNP has to now be in a great position.
I just wish that Paul can close the deal for good via the TNP shareholder vote ASAP, as that, and the weather, are the only things stopping the project from moving forward.
Last time I spoke to Paul, I asked the question of what a realistic market cap. would be if the 2015 well program was a success, and I was told around $60M.
Based on 1.769 billion shares on issue, that equates to a share price of 3.4 cents, ... not a bad percentage increase from these levels.
TNP Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
