What's next for TEG?

Like a number of other posters I have been trying to understand what the next 6 months look like for TEG. Mostly have they got enough cash to survive, will they need to raise again prior to Becos etc. While there are unknowns TEG have provided a fair amount of information.

- TEG opening cash $5m (July1)
- Capital Raise $4m (July)
- Sale of GAS shares 0.3m July, 0.4m August, assume remaining 0.4m sold Sept
- Corporate/A&G $0.21m/month

Cliffhead Operations/sale
- Sale of Arrowsmith land and Facilities $4.5m- Oct-Dec Sale is unconditional

- Sale of remaining interests- $4m subject to award of injection license
- TEG to fund their share of operating costs to be reimbursed Oct-Dec
- $4m revenue from Offload due Sept

Becos prospect

$3m budget
100% free carried to $3m
%age contribution any excess
TEG potential value $20/bbl (takeover price) Value $10/bbl?

On a table




TEG is reliant on PGY fulfilling their obligations moving forward with payment of around $9.5m due by December. ($4.5 CH payment, $5 cost recovery) If PGY pay on time it is worth 0.5c/share. If PGY don't pay TEG will likely be forced to raise.

If Becos is successful TEG have previously advised it could be worth up to $20/bbl. Assuming a best case is achieved it could be worth 1.2c/share?

What is missing, cost wise, revenue wise, time wise? All of this information is available on TEG but across months and multiple announcements. Quite possibly I missed or misinterpreted some information. Please let me know and I will update.

All IMO
DYOR
GLTAH