Date: 07/01/2025
*** GENERAL AVICE ONLY***
Company Overview:
Tamboran Resources Corporation is the largest acreage holder with ~1.9 million net prospective net acres in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia.
The Company is focused on playing a constructive role in the global energy transition towards a lower carbon future, by developing the significant low CO2 gas resource within the basin. Tamboran’s key assets include a 25% working interest in EP 161, a 100% working interest and operatorship in EP 136, EP 143 and EP(A) 197 and a 38.75% working interest and operatorship in EPs 98, 117 and 76 which are all located in the Beetaloo Basin.
Tamboran will focus on the development of the proposed EP 98 Pilot Development, targeting first production by the end of calendar year 2025.
Rationale:
TBN has been steadily climbing since the start of 2025 but has seen some recent volatility with a sharp pullback from 22c down to 18c. This is the nature of exploration and with the way TBN has pulled back from highs in the past we are taking the opportunity to take profits here around 20.5c
Trade Strategy: Sell Take Profit – Tamboran Resources (TBN)
Exit: Sell 20.5c (20% profit)
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.