TNP 0.00% 2.5¢ triple energy limited

lights out til april, page-5

  1. 975 Posts.
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    concerned that PU with all his industry contacts has not been able to secure a farm-in partner. Ditto for other board members with O&G background. Not sure how Patto's can assist with this - if industry people cannot find the right partners themselves, my experience is corporate advisory guys are unlikely to add much value on that particular front. Patto's can, of course, assist with CR. Either way, like I noted a couple of months ago, I suspect that farm in will come at a considerable amount of pain (more than current sh had hoped for) as will any interim CR through Patto's. I think it is time to lick our wounds, go hybernate for 6 months and hope for some good results down the track without too much dilution before then. No xmas presents for the Varuka offspring this year I'm afraid....
 
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