I did go to the agm but no one else went except me and my engineering friend. I took him cos he is tempted to invest in triple plus he knows what he is talking about cos he works a lot with the oil and gas industry up north.
Overall, we are getting to the exciting stage really, the drilling is slow because of the type of rocks that we encountered. I am thinking that we may have 2 or 3 more weeks to drill for the first well. To me if we hit what we are suppose to hit in the last 2 weeks, we would all be very happy The first well was drilled on a hill so essentially there were probably at least around 500m or more that we wont have had to drill if it was on a lower plain.
The second drill rig is arriving hopefully end of this week to start.
It will be interesting on wednesday when Paul delivers the presentation on triple at the oil and gas conference in fremantle. To me he seems very comfortable at the moment. The options were at least 100% out of the pocket at the moment, its a good sign.
To me we will be rewarded accordingly. Its a matter of just taking it easy and let it happen.
TNP Price at posting:
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I took him cos he is tempted to invest in triple plus he knows what he is talking about cos he works a lot with the oil and gas industry up north.
