TPT 0.00% 0.9¢ tangiers petroleum limited

galp farm-in -- overlooked?, page-17

  1. 283 Posts.
    I really think we are getting ahead of ourselves in regards to the Galp farm-in being only part ownership.

    As I posted last night the Tarfaya block consists of 8 permits and the original announcement stated Galp had a 50% interest in these, no caveats.

    Further the Galp presentation itself had a note stating the diagram only included the primary targets, suggesting additional targets were also possible.

    I think the likelihood of this being true is next to zero, happy to eat humble pie though as it would only add further value to what I think is a very promising investment (albeit one with a momentum challenge).

    By the way nice work Dan, good to hear the office is at least in good spirits!
 
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