Hold large energy portfolio. Bought a decent amount of TEG before Cliff Head acquisition and accumulated since. So far I can not complain at managements decisions.
State Gas IMO does not look great short term due to hurdles like pipeline construction, titles and government regulatory crap. Longer term a goer with the gas that is obviously there, but need all the paperwork completed first. I will wait to invest.
With Cliff Head producing good profit for little cost and Xanadu drilling ahead with no complications I dont think the cap raise will be below 12 cents with current SP.
Happy to participate in cap raise. but hope it is not only for "sophisticated investors".
Curious to see what TEG will be involved with next.
All IMO of course, Pos1.
TEG Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
