Based upon historic info I would agree about risk. However we know that gas is now being produced which surely reduces risk.
TPG has not called in the debt. Therefore one could conclude that it is happy with viability of the company going forward.
My question still stands.... what is an acceptable production figure at this early stage?
Do you agree that one reason for delaying the relisting could be that the company is waiting for production to ramp up in order to deliver a positive announcement to the market? If so isn't that good PR tactic?
Look forward to your views.
MAE Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
