We can all continue to talk about "buying opportunities" as the price hovers around these levels or comes back further but that doesn't take away from the fact that this company has been terribly disappointing in its delivery. Drilling delays (and subsequently, the disappointing results), enormous project delays on the corporate deals (expectation management?), total absence of communication when milestones are not met, etc... - none of which is helpful or conducive to some upward sp movement. Obviously, the disappointing drilling results are just a bit of bad luck, that's the risk you take when you invest in a small cap exploration minnow. However, the rest is a management issue. As per some of the earlier comments, I suspect, like others, that with any reasonable volume a lot of people will start exiting and looking for new opportunities. Even on good news of the Moke deal or something else, I cannot see this stock having a real run; too much stock on issue, too many disappointed long-medium term investors. This has been a very disappointing stock - I remember this company being renamed "Triple Energy" because Paul was seeking to triple its value every 3 years; unfortunately, the reverse has happened.
TNP Price at posting:
1.0¢ Sentiment: None Disclosure: Held
