TEG 16.7% 0.7¢ triangle energy (global) limited

Ann: Drilling starts at Booth-1 well in North Perth Basin, page-13

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  1. 5,014 Posts.
    lightbulb Created with Sketch. 884
    They had 5 million left at the end of the quarter told everyone it should only cost 1.5 million after all the free carry and could have secured the PGY payment with a loan if that payment was so certain ? So what is really going on ? Drill going to cost way more then expected ? PGY payment not so certain ?

    Raising after the booth result would have made more sense ?

    20-30% has been lost because the same 10k punt bought 2 weeks ago can now be bought for 7k and its delusional to not think this really isn't a punt


    Last edited by Gharp: 01/08/24
 
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