Great news LL
If all the milestones are achieved and approved by the regulators, we will likely have a JV agreement in place to further develop and transition our platform and infrastructure into the renewable future.
I said some posts back that for the JV to re engage and proceed, there will need to be some give by both parties and judging by this announcement, that is exactly what has happened.
Acquiring 100% of L7 and EP437 will be a positive achievement for TEG when completed and as you have stated we know management are VERY STRONG on these permits and are prioritising their development. The seismic fully THIRD party funded has certainly got my attention as well ? This is an exciting area and I am of the opinion that much interest is building.
Meantime get production up, CH10 should be back operational soon, that will be a bonus as it has been down far to long.
Keep at it management, good to see wheels are turning and info is starting to emerge providing shareholders with clearer future picture.
PS
Probably get some more sell off today. seems every time there is news, someone ?? starts selling ??
As always all my opinion.
GLAH.
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