Five Reasons to buy TPL.
1.Market up date reveals focused & structured approach to coal discoveries.
2.Prioritising of Western Australian Tenements as these are closer to Asian markets than Eastern Australian tenements.
3. Focus on posibility of developing relationships with partners to develop coal resources.
4.Continuing development of Mongolian resources with due diligence of resources in possibly a challenging resource area.
5.Tenement areas when compared to peers suggests assets are at least undervalued by least 100%.
Overall TPL looks to be prioritising development of Australian tenements.
Soverign risk remains ,for where ever coal resources are developed. Mongolia is in favour but any area including Australia will have challenges. Iam sure with the current TPL management who are now keeping the market informed things are looking very positive for the future.
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