Huge night for Brent back over $100pb after Saudi's have come out and said they will control production and price to the world.
So much for the Biden factor and the American strategic reserves are at lowest level for decades so continual oil releases will all come to a grinding halt.
Point is with A$.69 still and you would think we will be paid the price of Brent on Delv. to refinery in Thailand.
WTF does the market want to see here.
A TEG with $20 MIL cash in the Bank and $2mil sitting in the joint Account??????
Honestly a bullsheet SP of 1.2cents we have continual production and sales at a profit.
Please do not even think about coming on here and saying that TEG is not making a profit at A.69 and Brent $100pb.
Even blitzing POG with multiple tanker loads we are making a profit.
Soon once again we will be paid a significant payment for our magnificent oil......will then the Market finally open its EYES!!!!!!!!!!!
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