Ann: Triangle Signs Farmout at Mt Horner, page-27

Hi all

I remain confident in the strategies that the TEG BOD is putting, and has put, in place.  I am patient in this respect and have said a long while ago that I am a long term holder.  Having said that, like most it would be positive to see a lift in the current SP and get some volume happening.

In terms of future funding requirements, I cannot argue with a lot of the comments that have been made.  However, I do note that Tamarind are providing short term debt arrangements on what seems like an ongoing basis (a positive as I see it as it does not dilute existing SH) and I wonder whether the plan to repay the debt, other than some surplus which may generated from operations (not likely to be significant) will really come from the sale of the GAS parcel which at the current SP would be a large injection of capital.  Note the GAS parcel in it's entirety can be sold by TEG within the next 12 months as the escrow period ends in October 2019.

Cheers to all sh,

Maverick