Whilst I feel confident that changes are afoot and this will reap long term benefits, we do need major positive announcements to see any lift to the current SP.
I am intrigued by some comments from Conrad in that interview so lets see where this ends up in say 6 months time.
One thing is for sure, with significant money coming in (say around $10m) from the next lift, and the money in the bank account now, TEG is not going to be struggling to pay the bills with no debt.
At current oil prices, and what appears to be a lot of confidence from the new directors that the storage/offtake position will be formalised shortly, money will keep rolling in to the TEG bank account.
Like you @Luvlife I have just topped up my shareholding again as I think this is the best position TEG has been in for several years. I am happy to buy at these prices while it lasts.
GLTAH.
TEG Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
(20min delay)