So Mikey this is the way I see it, Blingo is one busy fella, right now and needs to be.
In all fairness to Blingo it was tough moving on with the CCS project until they got the nod from NOPTA which as we know took way toooo looong.
The news out of PGY CCS upgrades yesterday was excellent and substantial on many fronts and the market will appreciate all this down the track I think.
To get the transfer to take place -
Blingo needs an Office in Perth to run his CH/Infra operations and CCS conversion - Being in Sydney won't cut it, sooner the move the better.
Blingo needs a management team with proven experience to run/operate CH/Infra and able to handle the transition moving forward to CCS
No Jokers or wannabes. NOPTA will want to see proven decent management/experience for his new Board.
Blingo MUST get the cash backing to prove to NOPTA the transfer is able to take place from TEG to PGY with decent dollars in the Bank
Now TEG may offer to operate the CH/Infra for a short period of time on behalf PGY while PGY gets it all together
They are both PGY/TEG working out some new strategies currently
So time for the Korean and Japanese CCS interested parties to prove their vote of confidence in the project as we have been made aware of by Blingo and cough up some decent cash to get the project rolling. Samsung, as previously detailed $$$$ be a great start so lets go.
Without the three main points happening above Mikey I reckon its got buckley's chance of getting all transferred and moving forward.
Trust me CT/TEG Board want all this to happen as much as Blingo/PGY does, so I see considerable cooperation/negotiation between both parties occurring moving forward for sure to make this deal happen. Will have to.
Watch this space I see plenty news coming from both PGY and TEG on all this.
I do think this will all happen, but Blingo needs to get on his bloody bike and remain focused on the priorities now.
All the above is just my thinking and opinion only so please DYOR
Go TEG
Go the Drill Bit
- Forums
- ASX - By Stock
- Ann: L7 Booth Well Timing Update
So Mikey this is the way I see it, Blingo is one busy fella,...
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.320M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $51.09K | 12.74M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 13041614 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 6839612 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 13041614 | 0.004 |
43 | 48886596 | 0.003 |
17 | 30580000 | 0.002 |
10 | 28662817 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 6839612 | 18 |
0.006 | 9011951 | 9 |
0.007 | 2995000 | 5 |
0.008 | 5458186 | 7 |
0.009 | 2900305 | 6 |
Last trade - 15.18pm 27/09/2024 (20 minute delay) ? |
Featured News
TEG (ASX) Chart |