Ann: TMK: Production Testing Commences, page-64

Mate...

I will throw you a bone...

Seriously you are asking

A) - What happened with the Petrochina MOU.
B) - When will gas flow at Gurvantes in Mongolia.
C) - Why isn't Condor Perth Basin not being explored yet?


A) Petrochina hasn't disappeared...
IMHO Petrochina are one of the parties that has been granted access to the data room. I believe there is 5 parties interested...

B) No party will make a offer until gas flow proven - umm today but still early. Lets wait and see.....

C) Although a deal has been reached with Talon the WA Gov has not transferred Condor permit over to TPD yet.


Do you realise who is on the TPD board??

Ex MD David Casey (Coal seam gas Royalty)...

Who is David Casey?

David Casey was the MD of ESG whom was taken over by SANTOS for its CSG Narrabri gas project.
ESG went from <$50m to +$1Billion

David Casey is driving the CSG play in Mongolia..

Their is another fellow called Richard Cottee whom grew COAL SEAM GAS play QGC from $20m to $5.7B. He is in Mongolia NOW!

TPD has a bright future.

The biggest problem is that shareholders don't do their own due diligence and expect things to happen over night.

TMK JV partner have done everything on time as announced.

STX JV partner have not done anything on time as announced while also trying to takeover TPD at the same time.

due diligence is needed..