AL - I have never been able to reconcile what they say and what the numbers say. I tend to ignore the "presentation" numbers as they never seem to flow through into the cash flows. Something akin to an AISC as used by gold producers would I am sure be much greater than 27/bbl (it must be given the cash flows).
I agree the next focus is what to do with the debt. Will be interesting to see how the new "independent" directors (both Tamarind!?!) deal with that one. I would also be very worried about the status of the wells. No update means it can't be back producing....suddenly the 27/bbl is looking more like 40/bbl (less barrels but ~same costs).
Must admit - TEG's held up better than I expected given all the risk and 30 June selling.
DYOR & GLTAH
Proactive Investor Interview, page-11
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0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.320M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $51.09K | 12.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 13041614 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6839612 | 18 |
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| Last trade - 15.18pm 27/09/2024 (20 minute delay) ? |
| TEG (ASX) Chart |