TTN could not have foreseen NSW govt stepping-in at last moment and cancelling Metgaso contract. Today's update is a eps downgrade but it's not all bad. HOFCO appears to be doing well. Accom business very keenly tendered by firms and TTN permanent camp is a big help. SP likely to stick around current levels until more news eventuates or general mkt tanks. It's a 'Hold' for me. Perhaps a buy if dips below 2.00 but not without risk.