Ann: TTE 2013 Annual Report , page-56

IMO titan have some of the best leases for a junior oiler going around.
Plenty of shale leases in the US
Oil leases in US
And shale leases in Perth

Short term we are in a bit of a kerfuffle financially. However I believe mgmt will get us out. No more drilling in Aus should make sure we won't have cost blowouts.
Mgmt have now got really good knowledge on the AD, and where to drill to hit pay dirt.

Mgmt not capable? I really doubt it, the way they are able to secure deals and acquire leases shows they have great knowledge for this O and G game.

You have to remember, garner has around 40m shares in his superfund.

I hope we can get past this stage we are at, so that our potential is realised.

GL all