It's just mind-blowing how this company has stumbled from one...

It's just mind-blowing how this company has stumbled from one shambles to the next in recent years...Unless everyone is aligned, it's a nightmare -

Maybe TAP should just call their bluff and undertake a massive CR and dilute the major's to buggery as a defensive option to preserve the future of the company - By the sounds of it, Risco and NGP are not prepared to increase their investment nor want dilution, and can't see any liquidity event to get out under the proposed strategy. i.e. they want TAP sold under the current registry balance...Just do a CR for future growth options, and take them out of the picture!!

I've written this off completely as one hell of a pitfall lesson in investment. No more oil stocks for me, especially Speccy