we seem to swimming in a SEA of speculation, and if you analyse that.. then you know timings. we SEA that the capital gains aspect are on a timer, and the clock is ticking...
its interesting that it falls outside the current options extension, so the prediction of a further options EGM could well be on cards, perhaps coupled with the demerger egm..
anyway, the company is about to split its efs asset off, drill a whole bunch of efs wells and perhaps the shareholders will get some relief in the processes against the wishes of some.
roundhouse, or more specifically navarro county is suddenly seeing a spate of horizontal permits, so interesting days ahead as i bring forward the production numbers to those interested from the first few horizontals..
TXN Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held