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Tamboran’s NY Stock Exchange IPO raises half what company was seeking

Tamboran’s NY Stock Exchange IPO raises half what company was seeking

Tamboran Resources raised less than half the money it was seeking with its initial public offering on the New York Stock Exchange, while an energy think tank said its analysis has raised questions about the financial viability and competitiveness of the Beetaloo gas development, which is being touted by the Lawler Government as crucial to the proposed Middle Arm industrial area and the Territory’s future economy.

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