TEG 7.14% 0.8¢ triangle energy (global) limited

NWE our neighbor sits with a 330M MC.It was not that long ago...

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  1. 1,003 Posts.
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    NWE our neighbor sits with a 330M MC.
    It was not that long ago you could have picked up what ever you wanted in NWE for under half a cent.
    Here TEG sits with under 18M MC. JOKE.
    In a couple of months the full seismic will arrive and then drilling partner or partners announced.
    Permits and rig availability will then determine if we drill in 2023 or early 2024.
    I highly expect that as we own 100% L7/437 NOW and have paid plenty out already for the latest tech in seismic we will be free carried on Drills.
    At minimum 2 drills.
    Our own MD who is fully qualified says the TEG is all go for CCS.
    Green Funds back and invest in CCS, simple as that.

    We still own 10% of GAS for upside,
    WE HAVE APPROX $14 MILLION IN CASH SITTING IN THE BANK RIGHT NOW - YES $14M
    WE ARE ABOUT TO LOAD ANOTHER TANKER FOR ANOTHER ROUGHLY $6 MILLION TO TEG in CASH
    WE HAVE ZERO DEBT

    How long before the stupidity will end here at 18m MC and our MC cap will be between 50M and 100M where it should be.
    Reality is we have a loose register due to placements, once tightened its game on for TEG.
    Once TEG hits 2cents plus and begins its run you will laugh at the utter negative CRAP being posted lately.
    The above is the reality.
    DYOR

 
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