Ann: TTE ASX Appendix 3B , page-7

Need drilling/workover to get more of those boxes turning blue Rob. Shaping to go through another timeline for Sargent Ranch & possibly Holcomb . Tui mentioned an update within the next fortnight - can only hope for some action.

As non-operators TTE must make tactical deals to get the drill bit turning where they can afford to stay in the game and strategic deals to keep an interest where they can`t. Yet to prove that they are capable of doing either and there will be more dilution to come if they don`t do both.