all gone quiet, page-7

Agreed that they were looking to farm-out earlier, initially, but as they have developed up these prospects they have not only learnt more, but have increased the value of the farm-in by waiting. It is more valuable now than it was six to 12 months months ago and I reckon more attractive to a farm-in partner now as well. There are the initial four prospects, now zeus mapped over 1030sq kms, little zeus and 4 other prospects hercules hermes etc all being developed. We could see the farm-in partner interested in an option to farm-in on these prospects as well.

We are lucky that this is a well run small company, with a low cash burn atm.

Regardless of the wait and time taken, I think that it is all positive for TPT. and hopefully rewards will be there in the near future.