TEX target energy limited
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free oil n gas

  1. bignote
    1,723 Posts.
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    06/10/08
    22:47
    Post #: 4351055
    If I am right TEX is now selling at less than enterprise value.

    Which means that all revenue and reserves are free.

    Would anyone like to correct me on this.

    Perhaps someone can provide a few numbers on the current production, cash flow etc.

    Its possibly not the only one.

    This is just amazing; possibly we need a new thread on subject of US based spec oilers - where to now and why?
    TEX Price at posting: 5.3¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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