tpdc statement regarding eyasi termination, page-3

For what it's worth, here is my quick take on Eyasi current situation & where to from here:

SWE announces termination decision 'questionable' & seeks possible challenge.

TPDC 'hits back'.

SWE possibly now on 'back foot' due to sudden announcement re: commitment to next stage of development on existing licences & continuation of DSE listing.

IMO a good working relationship with TPDC needs to be maintained as a priority & must be taking into consideartion with regard to any legal case swe might be able to make re: the Eyasi bid termination.

As Beach Energy (BPT) is now the most likely candidate (IMO) to acquire Eyasi, seeing as they are a 2 billion dollar company already active in Tanzania (South Lake Tanganyika Block), then it could be a good idea for SWE to now quickly canvas a new joint bid with BPT on a 50/50 basis.

TPDC should not have a problem with this in principle as basically same deal as before but with a much larger & experienced JV partner (BPT) instead of PVD.

BPT could obvioulsy just say no & happily get 100% of Eyasi.

This would ofcourse be a fantastic outcome for SWE and perhaps worth persuing rather than a damaging legal fight with he 'hand that feeds you' TPDC.

All this is just my humble opinion ofcourse!