TPL 0.00% 0.3¢ tpl corporation limited

maiden coal intercept, page-10

  1. 1,263 Posts.
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    The maiden coal intercept TH news washed out with 1000s of other companies quarterly reports during month end. TPL should have announced week later or before. I think market was expecting placement and didn't bother to buy on news. However, company spent about 400k for drilling (cost also include admin) and 1.5million left on bank, I don't think company needs to raise CR soon. Better coal sample results should boast SP in coming weeks.
 
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