why is volume trading on aim and not the asx?, page-27

Agreed KTM, this is all about finding oil, and therefore JV's and drilling are the two keys drivers. Would love to see them bring something on board as well like the turtle barnett at 900 BOPD, just to get some income flow and begin to move away from frontier explorer only....it's a very high risk area, in fact the highest risk area in the O&G business.

Also, a strategic plan by management of their plans going forward will also be helpful to insto's and investors alike, with clear time frames that can be delivered upon. I would rather them say it will take longer and deliver within time, than promise shorter, and take longer, which has hurt TPT recently.

You can sprout billion barrel potential all you like, but actions deliver more than words.

I don't really care too much about reasonable dilution, I would like to see them funded through drilling and beyond. Work out a plan, how much it will cost to implement that plan and raise a big chunk of money rather than a few mil here and there, which is total and utter crap!. Takes all this shit away from funding and having to raise cash and teh share price being traded accordingly. Get some corporates on board, lock them in with that plan.....and as it de-risks they will add to their positions pushing the price higher.

The reason I am not too worried about sensible dilution is the fact that TPT have another couple of very good prospects on the block as big as, or bigger than current prospects.

To turn this into a company that will be taken seriously, we need to be well funded with a clear strategy and with a mix of low to high risk assets.