"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...."
This has been a disaster for me. Fortunately a small one relatively. I seriously hope the board looks at how the company has been operated in the last year . There have been to many excuses from the weather to the drill rig ancillaries (BOP) Personally I am sick of the excuses , the drill pad should have been been accessable even during the heavy snow , as its easy to fabricate/operate a snow plough and or blower Having the wrong Blow out preventer to me does not indicate a high level of competency My expectations due to the above are low as seems to be reflected in the general markets attitude to TNP I Will still have a bit for xmas presents though.
TNP Price at posting:
0.8¢ Sentiment: None Disclosure: Held