re: Ann: Due Diligence on Coal Seam Gas Inter...
hey boys and girls
well, the assets held by CFT failed to get interest from the market in a botched listing last year that failed to meet the minimum subscription.
I am told the assets are good but were poorly priced in the offering with investors offered a rediculous scenario and investors gave it the thumbs down
This time round it will all come down to how much of our TNP farm "the boss" is willing to give away to obtain these projects.
lets hope he negotiates a cracking outcome for us!!!!
TNP Price at posting:
1.5¢ Sentiment: LT Buy Disclosure: Held