TXN 0.00% 58.0¢ texon petroleum ltd

hoskins efs #3h a monster well in eagleford?, page-2

  1. 6,389 Posts.
    Does TXN have a loan facility that can be used for drilling wells?

    If not, I'd guess that the company will need money in the near future in order to complete its announced drill program and that can only come from issuing shares.

    Maybe selling before the upcoming dilution?
 
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Currently unlisted public company.

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