Morning trading September 16, page-380

  1. 3,367 Posts.
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    GAS

    Now up 20%. Exponential increase in gas flow at Nyanda-4 - Reids Dome.
    This will go back to previous highs. The demand for gas is higher than ever before.

    TEG

    This is easy buying down here. They have $33M in cash and assets vs a $12M market cap.
    47,830,148 GAS shares worth $30M and $3M cash.
    Trading at 1/3 book value. 7.6c of stock and cash backing with GAS about to push higher.
    Cashflow positive already from their hedged production.

    Market is asleep to it.



 
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