Hi Andrew,
I am seriously invested in TPD. The threat I see at the moment is another 8 month delay in getting Walyering producing. That could be problematical but it is unlikely.
If STX/TPD can produce from Walyering, then TPD has an annual FCF of about $30 million. That is not bad for a $100 million market cap gas company.I thought the TPD quarterly laid out our position very positively..
I would be very interested if you could enlarge your comment above, perhaps with some bullet points for my edification. Thankyou.
Best
tui
Ann: Walyering Update, page-478
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