Overall current valuation of 47c/share Full year gross revenue for TPD's share of Walyering forecast at $43M minimal OPEX at Walyering Stunning net cash figures -> no forecast debt or equity raises Upside Impact of increasing WA gas spot price is covered Upside of value of Condor and TEG farmin Mongolia assessed as 75% derisked (ignore the TMK lookthrough methodology IMO) Strategic review outcome expected after completion of Pilot Well program
If you can only do one thing today, make sure it is to read this report.
TPD Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held