Hi AllJust been reading up the posts on the TPT board. There...

Hi All

Just been reading up the posts on the TPT board. There seems to be a serious amount of anger with the TPT BOD. The 'friendly' takeover of JKA seems a very smart move by the TPT BOD and they seem to have negotiated IMO a great deal for TPT holders. In fact as Timferris has pointed out if the takeover gets over 50%, and in the event of a duster in Morocco, TPT holders will be protected somewhat from the hell that is happening at NEN at the moment.

For those who don't know the NEN story, they earn ~ $2.2m per quarter from oil sales, have excellent exploration acreage in Vietnam, Indonesia and the USA and have $9m in the bank. But in response to a duster in Vietnam this month their SP has gone from 30c to 4c.

I don't get it. Why is there so much anger at the TPT board?

Regards,

Chilloutman