TXN 0.00% 58.0¢ texon petroleum ltd

talon petroleum initial valuation, page-5

  1. 935 Posts.
    speaking of acreage do you see that as being the way forward for the immediate future for Talon? With only 16 million in the kitty there's not a lot of drilling cash on the table.
    Presumably the strategy will be to utilise the Wandoo PGA to buy acreages cheaply, farm them out for drilling and then monetise?
 
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