Post by
Proselenes on Mar 31, 2022 4:25am
Bank account cash top up..........options
400K options done at 1.47 CAD a share
Thats 588K CAD into the bank account then (358K GBP).
With Coho production less than 8 weeks away, with Cascadura production less than 6 months away, with the company cash flow positive and cash balance increasing, now topped up with options being taken........at what point will the shorter decide to call it a day and close ? or are they, as said before, waiting for the Cascadura EIA to be approved before a takeover offer comes in.
TBH, if I had the money I would try to buy TXP once the Cascadura EIA is approved.........so there must be plenty of others.........
Comment by
Nergy on Mar 31, 2022 7:09am
If you are right and we will get a buy out offer I would be very dissapointed with a 3 CAD offer. I was expecting a 3 CAD offer after Cascadura was drilled, now when we also have the results from Cascadura deep and the Royston and Chinook oil finds there's simply no way I would accept a 3 CAD offer.....
Comment by
Schreibzey on Mar 31, 2022 7:50am
Perhaps a buyout and the short go in tandem.