Yes, the focus has very obviously been on securing additional funding over the last few months and it looks like Paul has achieved a successful outcome. Pity about the dilution at this SP, but it's better than running out of cash all together.
The negotiations with Cornerstone Investor sound interesting and I would imagine that this further funding will be sorted by the time we begin the next well in 2014.
Until then, ... we have cash and we wait!
TNP Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held