Full heritage clearance = potential to start maiden drill campaign, in line with rig availability = opportunity to actually market the company to Indian/Chinese suitors = possibility of JV finance.
I'm sure it's frustrating for mgmt waiting on the lengthy process of applications. What is griping investors is the lack of comms and letting the market know where things are at.
No reason TPL couldn't be back at 3c if clearance comes through and they announce they will drill THIS season. Anything could happen from there
The alternative is more scary for price, even at 1.2c
TPL Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held
