Yep - all of that is correct jelly. If you bought today you are most likely exposed to some serious upside in the short/near term. That being said - many of us have held for 1,2,3 years and until this transaction is finalised (assuming it is) we really haven't achieved much in that time.
Furthermore - finalising this deal de-risks the company significantly. That will make me very happy. Until then we are at the mercy of all types of possibilities. For example - I doubt that any of us would have expected that our JV partner at the Hegang area would have effectively shut us out of the wells we drilled in the past couple of years - but it happened!!
I have faith in Paul, Po, Tommy to get this deal done, along with other transactions that will be good for us all.......I just hope it is completed sooner rather than later.
Cheers
Doyle
TNP Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held