sure,
TPD has a market cap of just $100m!
TPD has no debt!
TPD will be turning from pure explorer to producer with a maiden cashflow of $35mil pa from Walyering soon!
There is a known domestic gas shortage - getting tighter!!
Three competitors fought to takeover a near neighbour (WGO) who was sitting on (not producing) gas reserves.
TPD has commenced a pilot program in Mongolia which they may exit....
Through a series of CR's TPD has $26mil cash!
Plenty of cash, no debt, cashflow immanent, $100mil market cap, exposure to the Perth Basin......
Of course the direction of global economy will affect
global markets but the Australian is doing okay right now. Unemployment is very low, housing surprisingly robust, defaults are still negligible and as always our market hasn't run anywhere near as hard as the US! As always any pull back won't be so severe
You gotta give up trying to be so superior!
HC
sure,TPD has a market cap of just $100m!TPD has no debt!TPD will...
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