tthace this is my quick read on it.TNP a rank punt on my part, I...

tthace this is my quick read on it.

TNP a rank punt on my part, I know practically nothing about it except I love the idea of all that 11000psi shoving conventional gas out of a hole - no need for fraccing and could be bigger than Ben Hur(like, you know 20 or 30 bagger for the options on success). I do wonder why CASA have let us in at all if its so good though. So I have to presume it has the same chance of success as any other O&G well maybe even less cause an aussie tiddler with no gas knowledge was able to get in.

FAILURE ON THIS WELL FOR TNP MEANS TOTAL WIPEOUT FOR PUNTERS IMO

ADE are a completely different Kettle of fish.

Actually have small but growing oil and gas production assets onshore australia with exposure to what could amount to the next big thing in conventional energy.

Small downside for unquantifiable upside (maybe hundreds of bags).


For my part both worth owning it just a matter of risk management and the size of position in each company

Hope that helps