Problem exporting a model texture in Studio Compiler.

So I’m having trouble with StudioCompiler. Every time I compile the textures for this model, I get this error saying it’s unable to create TGA file.
http://img195.imageshack.us/img195/7766/texturehelp.th.png
The VTEX Log Dialog says:


Converting palmtrunk03.vtf from C:/Program Files/Steam/steamapps/supa_tails_chao/sourcesdk/bin/orangebox/bin/vtex.exe -nopause -shader VertexLitGeneric -vmtparam $model 1 -vmtparam $translucent 1 ""
input file: 
Adding .vmt parameter: "$model"	"1"
Adding .vmt parameter: "$translucent"	"1"
ERROR: Problem figuring out outputdir for 


Any ideas on how to make this work?

I have the same problem! I even posted the failed model on garrysmod.org so that someone can compile the texture right! And you could have posted this in help and support.

use vtfedit instead.