I asked if he would be ok with me posting a summary of our conversation - which he was.
The company is still waiting for Blue Skye to execute (finalise signing) the documents. TNP are confident that everything is on track, and although they are slightly frustrated with the delay in finalising (signing) the documentation they are relatively comfortable with things. They received correspondence from Blue Sky yesterday regarding the transaction and are hoping to finalise things soon......which means money will be forthcoming for the drill program.
He noted that Blue Sky Power shares went from $3.80 to $4.20 last week.
Cheers
Doyle
TNP Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
