But DW said..., page-39

I sold out (except for 3000 shares) on Monday @ 3.9c. I don't know whether it was the right or the wrong decision, but it crystalised things for me. When TPT makes its next announcement we may know. Meantime it is all guesstimate. If there has been a cost overrun it will not surprise me. To me it all hinges on how long GALP was/is in control of the drill rig. What were the lease terms of the drill rig - was it for a set number of days, were penalty rates applicable if use of the rig went beyond agreed number of days, how long did GALP have control of the rig before spud date etc.? The rig is probably still not yet back in dock so the cost clock could still be ticking over.