Yep Bitzer. I'm trying to look a bit deeper than those current works in progress.
"First of several value enhancing steps being taken to transform TEG".
There are some mighty powerful words in there Bitzer, especially "transform."
I frankly don't think that their present works in progress, extending the lease, further drilling etc., are "transforming".
Sure, they will certainly enhance and enlarge from the present potential of the company, but, I reckon that the closed ESSO tender would be something that would most certainly "transform" this company the way that I interptret that word.
Yes, now with Standard Charter Private Equity on board, I really think that management are looking for MUCH bigger goals and outcomes than just extending our lease and drilling to find more gas to sell.
VERY positive vibes from the last two anns.
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