Board deserves a share of success

Do not worry @asaliah, the Directors issue shares are on "pre-consolidation mode" and not after so it is ok the way it has been presented by CEO Rob Towner in the annual report... the board deserves a share of success for them. We need to recognize that. Good leaders are very important in a company and now their decisions are really moving forward wisely. We need to stop to see the board as it used to be years ago. They were all struggling to survive in Indonesia. Now this is well completed and done with a 34m USD deal in place. The objective was to get a good deal for TEG in Indonesia and they were able to have one. We need now to give them a chance to prove us with Cliff Head that they will stabilize this company, and I have followed TEG closely recently and all I see and read are crystal clear for a great potential growth. The board wants to be in the major league and there is a recipe for that as you know with all your business experiences. So let's put the old issues and worries in the recycling mode and we all move on to the road of success all together.

As you know, our group has more than 700 millions shares of TEG. We all see this now as a major investment in the long term and consolidation is not a problem for us. We know this had to come and we will be very patient in the months and years to come. TEG has the potential to become a very important corporation in Australia with their assets and I feel very good about it to be part of this. Yes it is time for a consolidation because there are a lot of shares... but we know that most of the shares are with a few people only and corporations in many countries. So it shouldn't be too complicated to rise the SP this month if new investors come in before pre-consolidation because only small speculators will sell to buy their personal small candy box. I am sure the board has planned to buy them back somehow and I encourage that strongly. It is the normal strategy to follow in this kind of situation and portfolio profile. You bring new investors and you climb the stairs.  

Let's hope the stock price will go up before pre-consolidation during the month of November and this should be the focus of the board to bring new players in TEG. We are all waiting for the quarterly report soon. This should inspire new important investors as I imagine there will be good news for us since OP is at 50$US. As I wrote to you Mr. Towner in my email, we are happy to support you now and to move on to the next step. You are the captain on board and I wish you a great success story that all Australians will be proud of one day. You are in a very special position with all the chest board in place and the assets you have bought. It was so wise to buy in January right away after Indonesia while OP was at 29$US. Everyone thought it would stay like that for the next 20 years... no one had predicted, not even Golden Sachs, that oil countries would struggle to a point of political instability. Now the market will readjust, there is no doubt in my mind and TEG will grow more and more.