lets me honest. who here will be holding this share for at least 5 years?
we would all be off to the races if this baby hits 3-5cents. I am thinking sure this could hit 10cents or more if they do get this project up and running well. 10cents would only make mc of around 187m which isnt much. To me we may not get there til everything is done for the two wells and if winter doesnt stop the testing and so on. We shall be drilling next year for at least 4 or more wells at once to really pump up the production. If global picture gets better than we will get there earlier.
We will be alright, tommy having 30m options at 1.5cents. If that isnt a hint that he wants to make this baby go then I have no idea what. Surely he wont exercise them if the share price lags at 1 to 2cents. He would want the share price high so he is in the money (big profit).
To me they may end up selling some stakes out or keep them.
TNP Price at posting:
0.6¢ Sentiment: None Disclosure: Held
