So the placed shares come onto the market today and I'm so...

So the placed shares come onto the market today and I'm so shocked to see that immediately the SP falls to or just below the 3c placement price.

Who would have thought??

And those lucky shareholders are now able to buy new shares, give Mr Turner more money at a price above the market.

Somehow I think the company was just happy to get another $2.2 million in from anyone to keep executive salaries topped up for 2020.

I'll watch from a far but the $2 mill they got will probably pay outstanding bill not paid as yet. The talk up here is that TEG don't pay their bills. Let's see if they have enough money left to get production back to where they said. They certainly will not have enough money to do that other drilling stuff they talk about. What about doing some work in that other permit with Key??

Next capital raise will be in early 2021. I think they are a great buy and I will be topping up!!!