I topped up at $0.005 as well last year. Not sure if anyone has talked to PU, but I recieved an email reply yesterday. One well location has been agreed with the second still to be agreed. Their objective is to get into production as soon as possible hence why they are debating the second location as it must meet that objective. Production needs to be established before dual listing hence why that second well location is important. They are hoping to have the second well location locked in soon. He also mentioned that roads and drill pads need to be built as well as negiotiating land access with farmers. Late May drilling was mentioned however delays that are common with the industry wasn't ruled out either. I'm pretty happy with his reply email, and I'm always grateful for Paul's time.
TNP Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held