The farm-in is about 40% and we have known about it for nearly 12 months. Considering what investors have chipped into TGP and the size and location of our tenements and, most importantly, the experience we have now at the top (Ian Burston & Don Carroll), I can live with that.
Euro issues aside, what the market wants now is results. We can't be too far from the first of these. The location of a second (deeper) ore body, as sometimes occurs, could also light things up pretty quickly. I expect a little more interest tomorrow and more again once we come back from consolidation.
EIO Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held