I see something a tad interesting in the Qtly for our partner Pilot at CH and Infra.
Located in the 5B on page 5, informing us and the regulator how they intend to keep operating financially into the future-
Take from it what you will, but very interesting.
a. In April 2024, US$2.3 million was received by TEO (Pilot has 50% interest) for its share of recent Cliff Head Oil sale proceeds.
b. It is in advanced discussions with potential partners regarding participation/investment in Pilot’s Mid West Clean Energy Project and associated infrastructure.
c. The Company is also currently negotiating with a substantial Australian operating resource company which is seeking to secure access to the Company’s existing operations and infrastructure which if concluded on the proposed terms currently under discussion would provide the Company with potentially material trade and acquisition proceeds by approx. mid 2024.
d. It is considering various conventional capital raising initiatives.
I see something a tad interesting in the Qtly for our partner...
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $38.08M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $37.12K | 1.842M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2237393 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 4311605 | 11 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
2.0¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.1¢ | 2.0¢ | 1159358 | ||
| Last updated 13.10pm 17/05/2024 ? | |||||
| TEG (ASX) Chart |