RE:Short Term Target Price For TUOwhat people might not immediately understand is the fact, that we have not only a 20% interest, but it is a carried interest until production. For me, this is a superior excellent deal, Dino was able to close for TUO.
We all are here, because we believe to have an oustanding chance to drill something similar, as SEA already has.
SEA is informing on their website...
Start-up capital costs (including contingencies of US$666 million) are estimated at US$5.31 billion...!!!
Please correct me anybody, if I am wrong, but at Treaty Creek, all of this money will have to be beared by the holder of the 60%, by Tudor. TUO has nothing to do than sit and wait, not one single share dillution, perfect!