Major week for TEG... check it out..., page-35

dog post. ? Yes that contributes a lot!



otherwise i have a few hopefully informative thoughts
market reaction / volatility

i reckon there was a few big punters taking on stock 2 days or yesterday” banking” on a very big uplift in the market getting excited about a big uplift in value ( 33.34 pct) of state gas
i liked the results for What they were. No more or less than expected so early on drilling case removal
but . Clearly dome dreamtimers expected results of field assessments and flow rates or revisited resource volumes etc
ill informed/ naive punters searching hoping for short term bull gains
well / caught out
never going to happen so early
but that said .. the results i thought were as expected and highly promising
this is a long project to extract solid days and assess the geology of the resource and probability of longer term value / after all infrastructure is tied up and the reserves ( none yet) are determined as sustainable deliverables
clearly not a day to two game day play !
punters got hurt ( sorry ... not really ) but showed a big interest in following this stock through to an arrow pty ltd conclusion that will eventually lock in real sh value.
for those too ill informed check out the history of arrow gas
or indeed other now post t/o gas companies in similar positions to state gas