Wilson's saying in The Australian saying the original proposal was 'not excessive'.
$103m Walyering value and around $22m for other Perth Basin prospects.
Based on Mr911's post on the STX forum there may have been some type of large shareholder delegation.
One would think if there is going to be a putting of the original offer to market (or more likely a slightly improved position that the board of TPD recommends) that this would be done within the next week or so.
If there isn't, I hope we start pushing hard on updates regarding construction at Walyering as an approaching one month radio silence from the operator given last promises is poor.
Cashflow in the quarterly will be interesting.
It's all going to happen shortly by the looks of it.
TPD Price at posting:
18.3¢ Sentiment: Buy Disclosure: Held