TXN 0.00% 58.0¢ texon petroleum ltd

great work sharejonat least you and i are interested in the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,782 Posts.
    lightbulb Created with Sketch. 86
    great work sharejon

    at least you and i are interested in the project, and it is indeed a massive disappointment that texon have both failed to sell the efs and also failed in every way to promote this play which imho has massive potential to be a genuine oil play.

    i expect they will be drawing on that cash soon and drilling in mcmullen under a new operator name, and if they split this one up, i cant imagine they will do anything about promoting the potential of the share at all, which is a pity as i think there is every reason to be positive and good reason to promote the play in that way..

    with the major shareholders not interested in the upside future of texon II, and no one is placing of the management of texon under any pressure to perform, as they know they cant afford to sell out and leave.. its just a free ride to make gravy of some options for this team and no long term view what so ever for the company..

    it just you and i whom are actually interested in this play it seems and at least giving out detail of the play to the shareholders on this forum..

    back to groundhog days and more of same...



 
watchlist Created with Sketch. Add TXN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.