TPT 0.00% 0.9¢ tangiers petroleum limited

Voluntary Suspension Extension, page-15

  1. 1,450 Posts.
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    Guys, not defending anyone here, but before we throw spears at the company or each other we need to wait until the results are out.

    Also has anyone considered the reason TPT traded for one day before being suspended....?
    Perhaps DW wasn't aware of extra costs and got that dreaded phone call from GALP....
    "G'day Dave, bad luck about the well mate, and by the way the bill will be a bit more than we expected, like a few million more..... Hello Dave, you there?"...........
    All indications were that it was running to schedule and trouble free, TPT even had funds aside for some small over-runs, so I assume (yes its an assumption) DW is fighting GALP as we speak to sort all the finances out with GALP, and not to mention the other 25% holder.....I'm sure it would be pretty damn messy and a tense 3 way telconference ......
    Anyway, thats my 2 bobs worth as thats all I have left to spend......
 
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