TPD 0.00% 21.0¢ talon energy ltd

Ann: Response to Media Coverage - Non Binding Indicative Proposal, page-93

  1. 750 Posts.
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    The quarterly will tell how much cash we have.

    Colby said a couple of weeks ago in a press conference that Waylering production was weeks off, not months off. He pointed to delays such as not having enough welders.

    STX are arrogant, but they will not be able to unreasonably hold back on Waylering coming into prodn. There will likely be best endeavours clauses in the joint venture agreement. If they do hold back and there are damages they will likely risk being sued.

    For me, quarterly will tell cash, a few weeks should hopefully solve Waylering.
 
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