Agree ASX360 - just sloppy. This company seems to thrive on delays with everything they do. First we drill late last year, that's delayed; then we drill right after winter; that's delayed, then we are waiting on equipment; further delay; then we run out of money (not a surprise to management obviously) and we cannot pull off a placement over a 5 day period (incl weekend) so we get stuck in a suspension. Lets just hope this latest delay is not the result of non-agreement over the pricing of the placement as that could get very ugly for holders. Seems to me like the company is suffering from a lot of friendly fire, self inflicted wounds. None of this is doing investor confidence any good. Not much we can do now but keep our fingers crossed for the placement pricing and subsequent drill results. I'm getting a lot more anxious about this one than I was a month ago....
TNP Price at posting:
2.8¢ Sentiment: None Disclosure: Held
