There has been changes in the timeframe on additional pipeline capacity, overall interest in TZ, the market in general and the oil price in since the initial decision was taken to divest the TZ assets.
I also believe most shareholders would be very keen to retain the TZ assets - hopefully our directors looking after the interests of the majority of shareholders can revist the divestment decision and come up with a plan to hold the asset - my preferred option is to recapitalise the company.
KEY Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held