TEG 0.00% 0.5¢ triangle energy (global) limited

Ann: Partial Repayment and Extension of Loan Agreement, page-21

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    You did call GAS falling so well done I suppose but it was inevitable given liquidity depending on the speed of news flow. Drilling and further remodelling soon so we'll see fundamentals move it a bit more then.

    Same time I think you called TEG falling back to last placement (7c?) as inevitable, so you're only 1 from 2.

    TLS would make it 1/3 although it's been a Buy in my book too for the last 6mths.

    While I'm happy with the news of rolling the loan I agree that it's also a negative in that we weren't able to pay a loan when due. There was no mention of it being a rolling facility when taken out. I am confident though that the 5B will be positive, finally!
 
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