TEG 2.56% 1.9¢ triangle energy (global) limited

Dec quarterly review, page-52

  1. 21,335 Posts.
    lightbulb Created with Sketch. 2083
    Bobbym. "a good result over the next couple of years than many others."
    Good to see someone with a realistic view on the time lines with this company.
    That extra $90,000 for the next quarter from the increase in production and the reduction in corporate and exploration (repair) costs will also help. But, there will have to be a consistent POO of close to $60 and reduction in production cost to start building any sort of bank balance to advance the company beyond just paying its way as it is only doing now.
    Getting that cash out of escrow will also provide much needed "substance" to current numbers.
    IMO, Cliff Head will keep the company humming, but, Xanadu is what will make THE difference.
    Hope NW can get that off the ground.

    LT buy.
 
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