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2.5¢ triple energy limited

Your information is wrong. End of discussion.

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Beard_of_Zeus

3,222 Posts.

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16/12/15

13:43

Post #: 16626643
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Originally posted by milesy ↑

$1.425 in bank
$650 spend this quarter (The decision to frac and test was made after the quarterly, so I assume this will mean even more spent?)
$725k left by the end of this quarter!

Do you want a company that has cash that will last them less than a quarter?

And if the fracc is not successful, all they have is the possibility of buying more land that we know very little about.

It's not a case of if a capital raising will occur, but when? And doing it before major exploration results come out is how spec companies operate.

My post wasn't completely negative....why so touchy.

Milesy

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Your information is wrong. End of discussion.

TNP Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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