Just looked at the radar on met bureau. It's still pissing down in Surat basin esp around Roma which is epicenter of TTN's operations. TTN have warned on at least a couple of occasions how quickly heavy rain can change things. Country is so flat and quickly floods. Not sure how severe in Cooper basin but def less than surat. It will mean delays and loss of income. But farmers are desparate and need every drop. Has been droughted for 18+ months. Could explain sharp drop in SP. More weakness to follow? Buy below $2.00.
AUG Price at posting:
$2.06 Sentiment: LT Buy Disclosure: Held
