spyglass spot on the 7.5 million wont come back because Galp have deliberately inflated the drilling cost to keep that money. tpt were never going to get that money from Galp they had no intention of ever paying it to tpt. tpt's funds of 14.6 million sitting in our bank accounts and which Galp cant get are shareholders funds. DW has a moral and legal right to withold any payment to Galp until there has been a full independent audit of the drilling costs. how can a shallow water drill with no technical issues drilling 10-15 days less than budgeted and not even drilling third target go so much over budget. it dosnt add up and it stinks and no way should DW hand over any funds at all. not one cent.
frosty
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