You are correct Varuka. This company has underperformed - period!! The only people who will be up on their investment are those who purchased when we were on the brink of collapse (pre BSP deal), or those that averaged down.
* Issues with initial deal and project vendors
* Drilling issues and delays
* Drilling failures
* BSP transaction - had issues and delays also.
* Fraccing timing issues
* Moke transaction - delays.
I'm not saying that the outcome won't be positive, but as it stands this company has spent the best part of 3 years achieving very little - and we still have a level of uncertainty surrounding the Moke deal, and the drilling/fraccing.
I have a lot of shares in this company and am disappointed with how things have been managed to date.
All that being said
1. I am confident that we will get news soon
2. The investment will prove to be a good one
3. I have been invested for too long now to bale out in the home stretch - so am sitting tight.
Cheers
Doyle
TNP Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
