Ann: Quarterly Activities/Appendix 5B Cash Flow Reports, page-22

great to see that TPD is not desperate, they have some leverage!!!....BUT, I can't say with my hand on my heart that 2.32 quarters of cash funding has TPD sitting in a field of roses!

I certainly don't believe it's enough time for TPD to sell Mongolia at anything more than firesale prices - whole market knows they need cash soon. If this weekend's negotiations end in a Mexican standoff STX can easily turn the screws, so TPD needs to tread carefully but the same can be said for STX.

Hopefully, STX and TPD negotiations remain amicable, and a reasonable offer is made in the circumstances....waiting to see that offer?

Is it possible we get some notice post 4pm?