I just got this industry burst email from Dave Wall...
"I have taken a job in industry, in the small end of town where I have most experience, as MD at Tangiers Petroleum. Great opportunity for me and I believe I can add value for the Company and its shareholders.
Small plug: For those with a high risk profile or looking for beta in the portfolio, with near term gratification, TPT is worth a look. Well spud within 8 weeks targeting 800mmbbl (200mmbbl TPT share) offshore Morocco so any discovery is worth >3x anywhere else in Africa due to the favourable fiscal regime.
I will be around after Easter to re-introduce the story and the strong new Team."
TPT Price at posting:
23.0¢ Sentiment: LT Buy Disclosure: Held
