Well said 'footy'.
What we need in the short term,(and stating the obvious) is oil to be discovered at the Perry Ranch.
The sp has a long way to go to get money back, for most long term holders of TTE (I guess). 200 per cent increase, for starters.
It does happen though - check GGE, where they were in a similar (comparatively) situation; did a share consolidation, to something like 780 million shares(?); came up with an oil discovery at 390 bopd and within a few days, their sp went up 200 per cent and has stayed there.
Longer term, TTE has some good assets and that should, imo, secure the longer term future for TTE.
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