RE: IR email...23 Apr 2018 09:55
All froth around the edges. No real progress to report. Tender cancelled months ago and still no information on re-tender dates. Burning cash and years from being able to produce any. Nice to prove up reserves but future is asset rich, cash poor is the path unless something falls into place. Don�t see a bloodpath only gradual decline with time until news. TLOU is debt free, funded to year end and project financing will be used for future development but they need to get moving.