announcement pending, page-138

aded22,
You don't seem to appreciate that two of the directors have their 'hard earned' in this. I don't think they would milk themselves.

Sometimes emotions take over and reduce logic to nonsense.

I actually saw that happen to Victoria Petroleum post their 1 for 10 consolidation. Man, they were a hated stock. I think I got hated too for supporting them. It was hard work. But they came through and I am glad they are now 65% of my portfolio. They were a perfect buying opportunity.

They were Hated, with a run of dry drills and an MD with the nickname 'dry hole Johnny'. These are the times to gorge. Particularly if you can see that the stock has a great future. For TTE, the Dover well is an unknown quantity but it's worth is increasing every day. As mentioned in the latest announcement. People have completely overlooked this.

TTE is going through these sort of blues which are running rampant on HC. Fair enough, I also think that Management have not been good at communicating and it is something I have raised with them. I am seeing them in Melbourne shortly.

TTE has several valuable irons in the fire and their Directors have a very high personal interest.

This is a risk business. DYOR. This is exciting stuff.

ps Showing a pretty serious loss at this stage but c'est la vie. Need some production and a good Dover negotiation.