Had to cast a quick eye over TEG. $6 back in 2006, now 1.4c. But even at current POO it is still "losing" money. Last shipment was at $US90. However cash balances soared so a lot of past CAPEX needs to be absorbed in P&L. Story of many oilers. It's certainly a high stakes game that you wouldn't want to bet the house on.
Acquisitions ..., page-14
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