TEG
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4.76% 2.0¢ triangle energy (global) limited

I agree with Monark If you work out the additional 21.25%...

  1. SOS01
    181 Posts.
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    01/05/17
    13:56
    Post #: 24382461
    I agree with Monark

    If you work out the additional 21.25% acquisition of CliffHead from Roc, cost saving initiatives kicking in, next quarter is looking pretty strong.

    Without the $1.2M acquisition costs, cash surpolus sitting around ~$1M.

    Factoring in all this, exploration upside and the work they are doing on reducing costs, the share price looks really cheap
    TEG Price at posting: 4.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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