Ann: TP 15 Farmout and Share Purchase Plan , page-17

I dont understand investors sometimes. One announcement comes out that is not 100% what they are after and they run for the hills and duck for cover. If you actually read the announcement it is not that bad.

Negs at advanced stage, the farminee probably needs its own shareholders approval and also approval from its government to remit funds into Australia - this suggests to me that the farminee may be a Chinese company.

I hold in any event and wait for the major announcement (whether good or bad) as that is the turning point for me. The annoucement today is not a concern for me.

As always DYOR.
Andy