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canning basin project $140m jv deal with japan

  1. krapcoll
    357 Posts.
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    15/06/10
    13:16
    Post #: 6803961
    Things are looking up of for TPL with one of the neighbours signing a $140m+ JV deal with Japanese co Mitsubishi. This shows that investors with "serious" money are running their rulers over the Canning basin projects. Just a matter of time before TPL is engaged (if they are not already in discussion) in that JV they are actively seeking IMO.

    "Mitsubishi Corporation and Buru to jointly explore and develop the Canning Superbasin"

    See ASX Ann for BUR this morning.
    TPL Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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