RE: Thanks + Upcoming valuations12 Dec 2018 21:10
TE-10 will fail, the COS/COF is terrible and wouldn't be worth a bet on a horse let alone your life savings.
Tonight was all about cherry picking and diversion. They are worried and the answers were well rehearsed, some appearing very quickly and were clearly cut and paster from somewhere. The crucial questions were not answered just a lot of sycophancy , which must have been a huge relief to them.
The simple question was. If you had doubts about the seismic and TE-9 failed, why on earth are you wasting money on TE-10. Is it going to be another 'TE-8' where we you try to convert it into a 'research drill' again before more 'noisy' data for TE-11.
No one is buying the tactic anymore and the share price is proof of that.
Also, anyone hoping to get a 'nod and a wink' from the team tomorrow night, good luck, they are no way going to clarify things any further than they already have.