Love all the optimism albeit I am slightly puzzled by it. Forgetting the far from optimum commodity environment for a split second, TNP has had nothing but continuous failure in its (continuously delayed) drilling program. Not blaming anyone for that (failure is always an option, particularly with exploration) but I fail to see where all that optimism comes from. Four years and all we have is uncommercial wells and a massive amount of dilution. Corporate deals still have to bear fruit - and it remains awfully quiet around what is actually happening in that respect.
Just a bit more cynical than most I guess....
TNP Price at posting:
1.0¢ Sentiment: None Disclosure: Held
