Yes that is the big Q?
I would rather sell out on future production at say 50% if we can have lifeline to field extension and growth in production from the 850bpd roughly after CH10 repairs.
TEG needs a crack at more drilling and something new brought to the table asap.
Current O&G environment now would have changed previous strategies.
This current Board knows they will have to create a change and a different look moving forward for TEG or we will get nowhere.
No doubt the Directive from AAF would have been to move forward differently as a company as we have been going backwards at TEG for a while.
The fact we are still here and trading today is a credit to our old Board and team at TEG after zero oil and the BP shafting.
But now we need a new future and some new news at TEG.
Look at today we are informed officially that there are 2 options out of POG and one will be confirmed in near future and market goes big deal.
Yet that is crucial news to future income and survival for TEG.
Reality is we are currently priced as an explorer not a producer and that is without taking into our account the GAS holding which is not far off our current MC. Go figure because I can't.
Is today the start of the turning point for the TEG. I hope so.
Above AIMHO.
GO TEG
- Forums
- ASX - By Stock
- TEG
- Ann: Company Update
Ann: Company Update, page-12
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.320M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $28.89K | 7.228M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 4756931 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 10612742 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4569431 | 0.004 |
44 | 54404717 | 0.003 |
16 | 28097493 | 0.002 |
8 | 21900000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 10612742 | 22 |
0.006 | 10807846 | 13 |
0.007 | 3125200 | 6 |
0.008 | 5458186 | 7 |
0.009 | 3194949 | 5 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
TEG (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online