Registered Members Login:
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

Reply to this topic

post Posted: Jun 12 2021, 02:37 PM
  Quote Post

Posts: 9,484
Thanks: 2775

Tamboran Resources Limited (TBN) is a public natural gas company that specialises in development of unconventional gas in the Northern Territory, Australia. It was incorporated in Victoria on 10 February 2009 and is headquartered in Sydney, Australia.

Tamboran's key assets are a 25% working interest in EP 161 and a 100% working interest in EP 136 which are located in the Beetaloo Sub basin in the Northern Territory, Australia.

The Beetaloo Subbasin is an area of approximately 28,500 km2 that is considered to be highly prospective for unconventional gas. Beetaloo is a structural component of the Greater McArthur Basin in the Northern Territory, located about 500 kilometres southeast of Darwin, Northern Territory and is recognised as a close analogue to some of the most productive unconventional gas basins in North America.

Listing date... 23 June 2021 11:00 AM AEST ##

Principal Activities ... Natural gas exploration

Issue Price ... $0.40
Issue Type .... Ordinary Fully Paid Shares
Security code .... TBN
Capital to be Raised .... $66,000,000
Expected offer close date .... 11 June 2021
Underwriter..... Fully underwritten. MST Financial Services Pty Limited (Underwriter and Lead Manager)

"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Back To Top Of Page
Reply to this topic

You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.