TXN
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0.00% 58.0¢ texon petroleum ltd

aut presentation, page-6

  1. Hotfire
    17,783 Posts.
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    16/08/12
    13:23
    Post #: 10577532
    "Aurora currently has significant cash reserves on hand, but funding from the Facility is expected to be used in due course as part of overall funding requirements for the
    Sugarkane Field development in Texas and for general corporate purposes".

    The wording doesn't suggest the facility is for opportunistic acquisitions.
    TXN Price at posting: 53.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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