TEG 14.3% 0.6¢ triangle energy (global) limited

Ann: Investor Presentation, page-7

  1. 991 Posts.
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    Yes Rooster very good presentation.
    East Coast Broker presentations happening at present and can only help to spread the word on just how undervalued we are.
    Great news again over at GAS today and at least we still own 10% for significant upside case.
    I've done the Math Rooster and all looks good for the next phase of the TEG to Occur.

    Triangle Energy has an exciting future with a rejuvenated team and a clear vision
    • Positive relationships with Partners, Regulators and the Market
    • Aiming for balance between conventional oil and gas and green initiatives;- CCS etc
    • Management team combines in-depth technical strength with commercial acumen
    • We have formulated and are implementing new plan
    1. Production steady, will rise with CH-10
    2. Continued Export for Cliff Head oil
    3. Transition Cliff Head facility for Carbon Sequestration
    4. Re-position to exciting exploration portfolio and pursuing new opportunities
    5. Achieved 100% of L7 EP/437 permits royalty-free ahead of drilling
    6. Monetised State Gas asset and maintain strategic position
    • Significant cash balance
    • All of the measures above will add value to the company
    The fundamentals of the plan for growth are in place

 
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