pretty much the meeting that was called by the shareholders did us no favour. Trust me patersons wont have raised 1m at 2.2cents if they dont see an upside to it. The fact of the matter is that meeting and the fight to replace directors did us in. Thus the price just kept going down as it would under that circumstances.
It would be nice to be profit/200m but we are faced with 1.6b or more in future. All we can hope for is if there is gas, most of us would have jumped out before any gas is produced unless you are in it for the real long haul. To me even 200mc with 2b shares aint bad, 10cents per share.
We are investing in decent project and Paul Underwood's reputation. I am sure he will bring the goods home. He could have jumped ship already if he really wanted to leave the company in a pickle but he didnt. Have some faith
TNP Price at posting:
0.5¢ Sentiment: None Disclosure: Held
