TEX 0.00% 8.0¢ target energy limited

I think we will just have to sit back and watch and see what...

  1. 4,622 Posts.
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    I think we will just have to sit back and watch and see what they come up with. It was odd to see those buys thou small at .025c before a seller hit it back to .024. I believe the buyer knew the news & was getting some before the TH. Not too much of a leaky boat TEX but they did state this much:

    ?In the meantime, Target can also advise that it is at an advanced stage in discussions to participate in what it considers to be an exciting new project in South Texas. In this project, Target will act as operator and will have control over the extent and timing of the work program. We look forward to completing these discussions in the very near future and providing further advice to the market.?

    So KEY Points here:
    Its a done deal thus the TH
    South Texas Area - Exciting Project!
    Target IS OPERATOR
    Target will determine the timing of drilling

    Dont forget they still also have PW3 at some point once Hunter decide what the heck they are doing.
 
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