A lot of chat about risk and the potential lack of value added which could be true only from the risk side of things but that's just like anything in the markets. Risk is always priced in.
Simply put as stated in the presentation the overall project is NPV positive which plainly means it creates value. Logically speaking the share price should soar. TPG has just made a move which potentially allows for exponential growth which translates again to a higher share price. People on here have determined the whole project will fail before it has begun and that they have over paid. So what if they over paid, NPV positive is all that matters!
I do hold TPG stocks and intend to take on the dilution offering but if I wasn't holding TPG I would definetly buy shares after hearing this news. Positive sentiment
TPM Price at posting:
$6.66 Sentiment: Buy Disclosure: Held
