I continue to think an offer is quite possible, noting our suppressed share price, the excellent Walyering cashflow and good ground we have between Condor, TEG JV and EP447.
Don't see why it would be earlier than around production starting date time as they would have wanted to make sure it gets going and that there are no major cost overruns before lodging a bid.
Just my thoughts. Time will tell.
TPD Price at posting:
16.8¢ Sentiment: Buy Disclosure: Held