Thought I'd start a new thread on this topic.
Is Triangle worth the punt?
Let's talk about it.
We are producing oil at a profit, take out a few legacy costs and new "1 offs" like pump costs.
The big question to me is. "Is Teg worth betting big bucks on to see what happens if we hit oil in Xanadu?"
Let's look at the Stock Aanalysis report 20/02/17 bottom right hand corner on page 2.
We make go close to $1.00, best case scenario or less based on this report if we hit oil in those quantities.
Do you take the gamble at 4 or 5 or 6c to get a possible multi bagged here??
Big returns if you do, if you don't, you don't, that's what happens in this industry
I have, I've got $30k here, let's see what happens,
Who's on board and let's be honest about it
Dyor all IMHO
TEG Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
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