Tamboran Resources is hoping to raise $262.5 million in an initial public offering on the New York Stock Exchange to continue its gas exploration interests in the Beetaloo Basin, with prospectus figures showing it has $29.5 million in cash cash equivalents but needs $85.5 million to operate for the rest of the year, however company director Andrew Robb said the capital required can be raised before it starts generating income in 2026.













