Why is every possible seller an disgruntled ex-employee. Why are we stupid or bitter & twisted? Why are sellers bots, rampers and other bad fringe elements trading in an otherwise great stock? Several of you posters are in JT's pocket and sprouting company propaganda. Consider this: What is the current gas production rate? It doesn't cover burn-rate. No renewal of PASE PSC in the foreseeable future. They will be granted caretaker status. Have a look at Medco next door and how long they had to wait with a $600 mil investment awaiting renewal. Workovers have been a disaster. The wells will never flow or return the investment. What happened to JT's forecast of 100 MMCFD? LOL The bid for the XOM assets is a multi billion dollar exercise. TEG will become a pimple on an elephant debt-play, if it happens. The con note from SC is expensive debt, not equity. If the XOM assets are bought by xomeone else, which is likely (MEDCO, Japanese, Pertamina to name a few candidates) SC will run to the hills. Thank you and have a nice day.
TEG Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
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