Beard - I didn't raise the comparison with SEH but do think it is valid to do so. You need to measure yourself against others to see how well you do in relative terms. The capital raising issue was about future raises which whether at .4 or .6 or even o.8 will still bring with it a huge dilution (whether underwritten or not). In any case, a lot will depend on the next drill result...if good it will allow some people to exit and new people to get set and maybe the stock can then move from there IF targets are met going forward. However, I will stick with my point that it is an awful lot of stock on issue for a company that is not producing revenue.
TNP Price at posting:
0.6¢ Sentiment: None Disclosure: Held
