Ann: Response to Media Coverage - Non Binding Indicative Proposal, page-30

Feels like we are being played like a bunch of mugs. This recinded, media leaked, low ball offer by strike is in my opinion, an orchestrated attempt to simply get the conversation started and make shareholders aware a TO is all but garunteed. The handling of this circus of events in the last 72hrs is just all part of the act to protect the inside man, Colby, from disrepute.

Look at the Forrest through the Trees. Several opportunities for TPD to grow in value have been floundered by Colby since he came onboard. Cr after Cr after Cr and avoiding finance. Going back on his word. Mincing his words. Watering down the SP and setting up TPD for a cheap TO. This has been 12 months in the making.