What says it for me is the projected cash flow page! Negative for 2017 after capex and admin. Also - I seem to recall being "moderated" some time ago for suggesting one of the wells had an issue. Seems my contact was right (pump replacement). This is obviously a big deal (must be around $2.4M in total if TEG's share $1.4). Question is why has this never been mentioned before? Surely quite material to little old TEG which has no cash. Also note the small print that says $1.4M of their cash still in escrow. Must be running on fumes at the moment and praying the Indonesians release that cash!!
Preso looks a lot better - but nothing new in there to change my view. Management and Board still very weak in O&G experience.
DYOR
What says it for me is the projected cash flow page! Negative...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $14.56M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.6¢ | $365.7K | 52.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 19243591 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3081557 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| TEG (ASX) Chart |