TVN 2.13% 4.6¢ tivan limited

Meeting Timeframes and Holding Management Accountable, page-21

  1. 1,028 Posts.
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    Lets hope TNG can build some shareholder confidence by actually meeting the end June timeframes for the three other activities.

    As you mentioned, the end of June timeframes were restated as recently as mid February. They are self imposed and no apparent reason they should not be met. Pretty sure in an interview during the last quarter PB was touting an announcement re the updated capital cost for early this quarter - that hasn't happened.

    I'm also concerned about the lack of clarity around the CLC agreement. What is actually required (full renegotiation or just a tweak) and what is the plan to get it done and timeframe?

    Announcement re water was good. Still needs modelling and grant of licence, but clearly enough water gushed out of the drill holes to provide confidence re water supply.

    I intend to hold till the end of 2022 and reveiw my holding then based on progress.



 
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