TPD 0.00% 21.0¢ talon energy ltd

How to defeat a Scheme Of Arrangement, page-60

  1. 1,540 Posts.
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    We got a relatively cheap drill program in Mongolia and just waiting for Walyering to go into production.

    L7 is to be funded from Walyering cashflow and that was specifically mentioned at the time of the JV.

    If there's no surprises from Walyering we are good and looking at $30m p.a. fcf very soon.

    Spin Mongolia out and Waylering cashflow over the next 5 years makes the numbers being presented a joke.

    Condor worth nothing now days so imagine saying Ocean Hill is worth nothing? Fine hand Ocean Hill over for free then, bloody hypocrites.

    Our share of L7 if successful is equal to Walyering.

    Its going to take 1 quarter of cashflow to find out. Big deal.

    Those 35c valuations are for a reason.

    Yep theres upside on STX, just go buy rhem on the market then. Surely with all the talk STX should be 80c now. Why isnt it?







 
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