Not sure what everybody's problem is with the TH announcement. All TH announcements are broad in nature. Nothing to do with sloppy management or anything else. It is a simple statement to give the market an idea of why they've requested the TH (for a CR announcement, etc) and the details will come in the announcement that takes them out of TH.
Speculation is fine but calling management sloppy or calling this a confusing announcement is a bit silly as it is just a TH announcement. No offence to anyone. Think we all just need to take a deep breath and see what tomorrow brings.
Also PFC may or may not go into TH - I don't know what the rules are over there but I suspect it would be a touch less rigid than here in Oz given we are highly regulated! Not a bad thing...
Good luck all and I hope tomorrow brings us all good news. My hope is they come up with a GGP type announcement with details of good oil shows and an update on their plan of attack for the horizontal.
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