Will probably be a cap raising at some level, they do need cash for drilling and don't have much.
Well done to them, they should do it now with the SP at a premium and move on. Very low cash burn and seemingly well managed so far
Be nice to see a reward to SH's but either way, with cash in the bank after this and a nice coal play ahead with a piddly market cap, this should be a nice exciting stock moving in the ST to MT
TVN Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Held
