TBN 0.00% 18.5¢ tamboran resources corporation

Ann: Tamboran sign binding GSA with Northern Territory Government, page-22

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    About the current market cap depending on capex assumptions. Self-financing Pilot validates the much bigger opportunity and should finally eliminate the environmental permitting risk.

    This is about as asymmetric risk/reward as I’ve seen in a long time. The team (incl US Shale drilling/completion partners) is world class, the massive commercial scale is as proven as it could be at this stage and goal alignment is strong. Keeping a fair bit of my powder dry in case though.
 
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