I am very happy to see we only end up issuing around 318m instead of 595m. I wasnt going to complain if they got 595m shares at all but now we are 277m shares better off.
We can safely say, we wont be worrying about those 3 wells we drilled. It would be a matter of moving on with Moke deal along with Longmay's Jixi region. While I am sad that the 3 wells didnt bring much success. We will get there sooner than later.
The biggest hurdle has come and gone
TNP Price at posting:
1.3¢ Sentiment: None Disclosure: Held