You may be right but dont forget that area may have a huge resource but BSP and TNP wants to monetise gas asap. That project up there would be icing on the cake but its going to take a lot longer to reach to the wells drilled by Moke. It wont even surprise me if they put that on the back burner depending on how successful the fraccing goes. The jixi area provides more interest to me but thats still a long while to go.
Testing and production wells are what they are after if I am not wrong? Sooner we produce the sooner we sell and the sooner we list on HK exchange. Have a look, no one cares about the stock from aussie brokers at the moment. They raise a nice chunk of money at 1.5c but yet we are trading at 1.2c. Maybe they are waiting for the acquisition to come before they jump in but I dont know any brokers who isnt out to make a buck. Investors from China and HK will love tnp to be listed on hk exchange.
TNP Price at posting:
1.2¢ Sentiment: None Disclosure: Held
