TNP 0.00% 2.5¢ triple energy limited

swapped into oppies

  1. 3,967 Posts.
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    Did the change over from heads to oppies today.

    80000 heads turned into 300000 oppies for about the same price (12k)ish

    Imagine some half decent results and if the sp hits 40c and oppies at 20c then $32000 becomes $60000

    If (dreams do come true) and the sp goes to 50c and oppies 30c then $40000 becomes $90000 and if (lotto dreams come true) and the sp hits $1.00 and oppies 80C then $80000 becomes $240000

    Dare I dream. Obvious risks too, but with a May deadline, that is plenty of time in oppie land to have this well producing, Thames drilling/drilled and a swag of other deals farmed in on the back of oppie money that is converted.

    CAZA is the key link - they have a stake and have had lots of recent success on these types of drills - the 3D and independent reports help de-risk significantly.
 
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