agm, page-8

Just thought I would get back to you all re the TPI relationship as I, finally, managed to have a chat with someone inside TPI.

Basically im told there were some issues on both sides, so that wasnt completely unfounded, but definately not 'toxic'. In any case they are back on track now and apparently they "may end up working closer with CMA than some might expect". Couldnt get out what was meant by this but I do know that they did bid against each other on a decent size contracting job some months ago so maybe they will team up in this area.

From a personal perspective I really found it hard to believe that it could be that bad, I mean why would TPI set themselves up as a key investor and then let it fall down a few months later. Time will tell though.